The new owner of an existing business should avoid implementing new policies and standards during the transition period in order to avoid upsetting the employees.

Question

Quizplus · Accepted Answer

While it is important to handle the transition period with sensitivity, it is also important for the new owner to establish their own policies and standards to ensure the success of the business under their leadership. However, it is important to communicate changes clearly and effectively to the employees and to address any concerns they may have.

The New Owner of an Existing Business Should Avoid Implementing