Which of the Following Is Most Likely to Be an Advantage

question 69

Multiple Choice

Which of the following is most likely to be an advantage of buying an existing business?

• A) It is easy to find an appropriate existing business for sale given the technology today.
• B) Purchasing a business often requires less cash outlay than for creating a start-up.
• C) Existing managers and employees embrace change due to continuing operations that provide job security.
• D) New technology needs are eliminated when buying an existing business.

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Definitions:

Nursing Home Care

Professional care provided in a facility for individuals who require constant nursing care and have significant deficits in daily living activities.

Independent Living

The ability for a person to live autonomously, managing their own day-to-day tasks without the need for continuous assistance.

Aging in Place

The concept of allowing seniors to live in their residence of choice for as long as they are able, as they age.

Village Care

The support, nurturing, and maintenance of individuals' well-being by the community or collective group, typically in a small, local village setting.