The Most Common Reasons Owners of Small- and Medium-Sized Businesses

question 118

Multiple Choice

The most common reasons owners of small- and medium-sized businesses give for selling their businesses are:

• A)need for money and low return on investment.
• B)boredom and burnout.
• C)low return on investment and burnout.
• D)poor location and low return on investment.

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Definitions:

Subjective Well-being

The self-perceived happiness or satisfaction with life. Used along with measures of objective well-being to evaluate people's quality of life.

Adaptation-level Phenomenon

The human tendency to judge new experiences by comparing them to past experiences or to what we've grown accustomed to.

Do-good,feel-good Phenomenon

Suggests that participating in altruistic behaviors, such as helping others, leads to personal happiness and well-being.

Buying Power

The capacity of an individual or organization to purchase goods or services, often influenced by income and economic conditions.