In Evaluating an Existing Business,entrepreneurs Should Seek to Answer Several

question 64

Multiple Choice

In evaluating an existing business,entrepreneurs should seek to answer several questions,including:

• A)can financing be arranged?
• B)what business broker should I use?
• C)what industries will be "hot" in the future and is this business in one of them?
• D)what legal aspects should be considered?

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Definitions:

KISS Rule

A design principle stating "Keep It Simple, Stupid", emphasizing the importance of simplicity in products and systems.

Salespeople

Individuals specializing in the sale and promotion of products or services, often employing various techniques to meet sales targets.

Evaluative Listening

A listening style where the listener analyzes or judges the content of a message, often assessing its truthfulness, usefulness, or relevance.

Emotion-Laden Words

Words specifically chosen to evoke emotional responses from a listener or reader to influence thoughts or actions.