It Makes Business Sense for Every Company to Have Backup

question 83

True/False

It makes business sense for every company to have backup facilities because they are inexpensive.

---

Definitions:

Acquisition Differential

The difference between the cost of acquiring a company and the fair value of its identifiable net assets, often recognized as goodwill.

Business Combination

A transaction or event in which an acquirer gains control over one or more businesses, merging entities into one operational unit.

Voting Shares

Voting shares are shares of a company's stock that grant the shareholder the right to vote on corporate policy and the composition of the board of directors.

Board of Directors

A group of individuals elected by the shareholders of a company to oversee the management and provide guidance on corporate affairs.