When an Entrepreneur Purchases an Existing Business,he or She Essentially

question 71

True/False

When an entrepreneur purchases an existing business,he or she essentially is purchasing its future profit potential.

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Definitions:

Job Attitudes

The set of feelings, beliefs, and thoughts that employees have about their jobs.

Stock Options

Financial instruments that give the holder the right, but not the obligation, to buy or sell shares of a company’s stock at a predetermined price and date.

Restricted Stock Option Plans

A form of equity compensation where employees are granted the option to purchase company stock at a discounted price with restrictions on sale.

Early Retirement Incentive Plan

A program offered by employers to encourage older employees to retire early, typically providing financial benefits as an incentive.