When Transferring Power in a Management Succession, the Small Business

question 129

Multiple Choice

When transferring power in a management succession, the small business owner should do all but which of the following?

• A) Tell the successor where all the critical documents are-wills, trusts, insurance policies, etc.
• B) Provide the successor with a list of advisers, people who have given you good advice in the past.
• C) Be open to learn from, as well as to teach, the successor.
• D) Transfer power quickly and step back, letting the successor run the business completely without any advice or interference by the owner.

Understand trophic levels within ecosystems and the positioning of different organisms.

Understand the components and structure of ecosystems.

Distinguish between different ecological concepts such as populations, communities, and ecosystems.

Define and recognize the traits of r-strategists and opportunistic species.

---

Definitions:

Parallelism

The use of components in a sentence that are grammatically the same, or similar in construction, sound, meaning, or meter.

Transportation Costs

Expenses associated with the movement of goods or individuals from one location to another, including fares, fuel, and maintenance.

Recreation Costs

Expenses associated with activities undertaken for enjoyment, relaxation, or leisure.

Collaborative Writing

The act of multiple individuals working together to produce a single document or piece of text.