Buying a business

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Part 1 (402)

4.1 Learning Outcomes:

  • Understand the advantages and disadvantages of buying an existing business.
  • Explain the four steps involved in the right way to buy a business.
  • Describe the five steps of the deal stage for buying a business the right way.
  • Understand the transition stage for buying a business the right way.

4.2 Action Required:

The following table shows the questions.

QuestionsTrueFalse
When the location of the business is critical to its success, it may be wise to purchase a business in another location.  
It is important to develop a list of criteria that a potential business acquisition must meet.    
An important advantage of buying an existing business is the greater likelihood that it will continue to survive and thrive in the marketplace.    
A new owner of an existing business can generally introduce change and innovation almost as easily as if the company was a new business start-up.  

4.3 Test your Knowledge (Question):

  • Answer with a tick mark or write in words which is true, and which one is false.

4.4 Instructions

  • Answer the question available in the “Test your Knowledge” section.
  • Post your answer in the discussion board using the discussion link below
  • Reference:


Part 2 (324)

4.2 Action Required:

Watch the video at the following link

4.3 Test your Knowledge (Question):

Q1What is the importance of public decision making?

Q2What are the main elements of public decision making?

Reference: