The buyer of an existing business acquires inventories and physical facilities but often must replace all personnel.

Name: The buyer of an existing business acquires inventories and physical facilities but often must replace all personnel.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The buyer of an existing business may choose to keep some or all of the existing personnel. It depends on the buyer's goals and the current employees' capabilities and fit with the new ownership.

The Buyer of an Existing Business Acquires Inventories and Physical