What are the main differences between an entrepreneurial and a managerial successor in any business?
A) An entrepreneurial successor is highly gifted with ingenuity,creativity and drive; a managerial successor is interested in efficiency,internal control and the effective use of resources
B) An entrepreneur cannot be a manager as a successor
C) A managerial successor will value innovation over administration
D) There are no differences between the two
Correct Answer:
Verified
Q10: What is a liquidity event?
A)The second part
Q11: What are some of the barriers to
Q12: Adjusted tangible book value is a:
A)Common method
Q13: When the owner of a business discusses
Q14: What is the best description of a
Q15: What are the main points in developing
Q16: Discounted earnings method is:
A)a method of determining
Q17: What are some common reasons for acquiring
Q18: Which of the following are valuation methods?
A)Fixed
Q19: Forcing events are:
A)unavoidable events that cause replacement
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