An Advantage of Which of These Tactics Is That There

question 101

Multiple Choice

An advantage of which of these tactics is that there is a shorter start-up time and an existing track record?

• A) Participate in a business incubator
• B) Start a new business
• C) Buy a franchise
• D) Buy an existing business
• E) Debt financing

---

Definitions:

Connection Fees

Charges levied by service providers for connecting new users to their service network, such as electricity, water, or telecommunications.

Telecommunications Network

An arrangement of computing and telecommunications resources for transmitting data and voice communications across distances.

Commercial Substance

The alteration in the economics of a transaction, indicating that the timing, amount, or security of the cash flows of an asset or liability is expected to change significantly.

Approval

is the formal consent required to validate or authorize certain actions or decisions, typically within a business or regulatory context.