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Succession Refers to The

Question 56

Multiple Choice

Succession refers to the:


A) nonprofit associations dedicated to educating entrepreneurs and helping small businesses start, grow, and succeed nationwide.
B) transference of leadership from one generation to the next to ensure continuity of family ownership of the business.
C) buying of one business by another business.
D) process through which venture capitalists invest in floundering firms in the hope that they will turn around.
E) closing of a small business with all debts paid.

Correct Answer:

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