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:

Invalidating Opinions

The act of dismissing or undermining someone's viewpoints as without basis or merit.

Salesperson's Knowledge

Refers to the information, expertise, and understanding a salesperson has about their product, market, and customer needs.

Customer Relationship Marketing

A strategic approach focusing on building and sustaining long-term relationships with customers for loyalty and repeat business.

Strategic Alliance

A formal agreement between two or more parties to pursue a set of agreed-upon objectives while remaining independent organizations.