Once an Entrepreneur Has Evaluated Him/herself,the Next Step in the Acquisition

question 39

Multiple Choice

Once an entrepreneur has evaluated him/herself,the next step in the acquisition process would be to:

• A)explore financing options.
• B)prepare a list of potential candidates and investigate them.
• C)work on a smooth transition.
• D)evaluate the physical condition of the business.

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Definitions:

Product Development

The complete process of bringing a new product or service to the market, from concept generation to commercialization.

Final Implementation

The last phase in a project or plan where strategies or designs are put into operation or practice.

Output Goals

Output goals are the goals that define the type of business an organization is in.

Organization's Survival

Organization's survival refers to the ability of an organization to continue operating and meet its goals despite facing challenges or adversity.