The process by which a buyer and seller of a business agree to terms involving inventory, equipment, and price, as a method of becoming a small business owner is known as a/an:
a. acquisition
b. buy out
c. merger
d. succession
e. franchise
b. buy out
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Elision Inc., an American software development company, outsourced its support operations to Luzenza, an Asian nation, because it found that Luzenza has a large cohort of English-speaking college graduates who are ready to work for one-fourth the pay of comparable American workers. Which of the following is most likely to have influenced Elision Inc.'s decision to outsource its support operations to Luzenza?
A. Inflow of innovation B. Growth of domestic industries C. Reduced risk D. Access to factors of production
What automates order processes from initial customer inquiry to final product delivery?
A. Supply chain event management B. Selling chain management C. Collaborative engineering D. Collaborative demand planning
What are the four phases of organization change (in sequential order) and what activities need to take place within each phase?
What will be an ideal response?
The catalog of items maintained by a business, which lists the description, quantity, item number, unit cost, and total cost of each item the business carries, is known as a(n) ________.
A. payroll record B. inventory account C. expense account D. check register