Explain What the Buyer and the Seller of a Business

question 123

Essay

Explain what the buyer and the seller of a business are each looking for in the negotiation process.

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Definitions:

BI Systems

Business Intelligence Systems; these are computer-based tools that allow companies to gather, store, access, and analyze corporate data to aid in decision-making.

Corporate Databases

Centralized repositories of organizational data that support business operations, decision-making, and information management.

Self-Serve Kiosks

Automated interactive terminals where customers can conduct a variety of transactions or services independently, without direct service staff assistance.

MIS Department

Management Information Systems Department, responsible for overseeing the technology resources and systems within an organization to optimize business operations.