Buying an Established Business Is a Better Plan Than Starting

question 128

Multiple Choice

Buying an established business is a better plan than starting your business from scratch because:

• A) you have more creative freedom.
• B) you can choose your stakeholders.
• C) the organizational structure is in place.
• D) the chance of first-year failure is zero.

---

Definitions:

Synchronization

The process of coordinating or aligning processes, systems, or activities in time to achieve a coherent operation.

Rich Communication Medium

A means of communication that is capable of conveying a range of cues such as body language, tone of voice, and facial expressions, facilitating deeper understanding.

Perceived Fairness

The subjective judgment about the fairness or equity of social treatments and outcomes.

Babbling Stage

Beginning at about 4 months, the stage of speech development in which the infant spontaneously utters various sounds at first unrelated to the household language.