chap 6 quiz.docx

chap 6 quiz.docx - Question 1 1 out of 1 points is the...

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Question 1 1 out of 1 points _______ is the process of determining the all the relevant facts before making a decision. Selected Answer: Due diligence Answers: An interview A screening Background checking Due diligence Question 2 1 out of 1 points A possible advantage to buying an existing business is _______. Selected Answer: historical data is available for planning purposes Answers: historical data is available for planning purposes liability for existing contracts lack of established market value obsolete inventory Question 3 1 out of 1 points A possible disadvantage to buying an existing business is _______. Selected Answer: obsolete inventory Answers: obsolete inventory planning can be based on known historical data experienced and competent existing employees advantageoussupplier relationships are already in place Question 4 0 out of 1 points Identify the examples of intellectual property in the following list.
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