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:

Operant Conditioning

A learning process through which the strength of a behavior is modified by reinforcement or punishment.

Enhance Existing Organization

A cognitive process that involves integrating new information into already existing frameworks or structures of knowledge.

Garcia And Garcia y Robertson

Refers to John Garcia and his research, often with collaborators, on conditioned taste aversions, illustrating how some associations are easier to learn due to evolutionary predispositions.

Learning

The process of acquiring new understanding, knowledge, behaviors, skills, values, attitudes, or preferences through experience, study, or teaching.