Emotional Bias Is Likely to Have What Effect on a Seller's

question 27

Multiple Choice

Emotional bias is likely to have what effect on a seller's valuation of a business?

• A)increase the valuation
• B)decrease the valuation
• C)have no net effect on the valuation
• D)none of the above

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Definitions:

Niche Market

A small market segment that consists of customers with specific needs and requirements.

Segment

A portion or part of something that is separated or distinct from the whole, often used in reference to markets or data.

Specific Needs

Particular requirements or conditions needed by an individual or group for their well-being or to achieve certain outcomes.

Lack of Access

The unavailability or inability to obtain necessary resources, services, or opportunities, often due to economic, social, or geographical barriers.