For a New Owner of an Existing Business,physical Facilities and Equipment

question 110

True/False

For a new owner of an existing business,physical facilities and equipment costs are very similar to what would have been spent on a start-up with all new facilities and equipment.

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Definitions:

Confidentiality

The ethical duty to keep personal and sensitive information private unless consent to release it is given.

Accountability

The obligation of an individual or organization to account for its activities, accept responsibility for them, and disclose the results in a transparent manner.

Judgment

The ability to make considered decisions or come to sensible conclusions.

Advocacy

The act of supporting or arguing for a cause, policy, or group of people, often to promote change.