Which of the Following Strategies Would Not Be Suitable for an Entrepreneur

question 138

Multiple Choice

Which of the following strategies would not be suitable for an entrepreneur who wants to surrender control of the company gradually?

• A) Forming a family limited partnership
• B) Restructuring the company
• C) Straight business sale
• D) Using a two-step sale

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Definitions:

Network

refers to a group or system of interconnected people or things.

Citizen involvement

The participation of individuals in decision-making processes, policies, and activities within their community or society, contributing to public life.

Desensitizing

The process of reducing or eliminating an emotional response, typically fear or anxiety, to a stimulus through repeated exposure to that stimulus.

Accountability

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