This Is an Exit Strategy When an Entrepreneur Sells His

question 15

Multiple Choice

This is an exit strategy when an entrepreneur sells his or her company to its managers.

• A) a merger
• B) a management buy-out
• C) a management takeover
• D) employee buy-out

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Definitions:

Private Investment

The expenditure by private sector entities on assets to increase their capacity or efficiency, as opposed to public or government investment.

Foreign Exchange

The trading of one currency for another or the conversion of one currency into another currency, crucial for international trade and investment.

Labor Productivity

A measure of economic performance that compares the amount of goods and services produced with the number of hours worked.

Export Promotion

A development strategy that concentrates on producing for the export market