During the period when the previous owner of an existing business is transitioning ownership to the new owner, a number of tasks should be completed. Which of the following statements is correct about these tasks?
A) If there are too many employees, enact a layoff plan immediately.
B) Make all significant changes slowly over a long period of time.
C) Ensure the former owner comes to the business every day for at least 30 days following the sale.
D) Wait at least six months before informing customers and suppliers of the sale of the business.

Question

Quizplus · Accepted Answer

During the period when the previous owner of an existing business is transitioning ownership to the new owner, if there are too many employees a layoff plan must be enacted immediately.

During the Period When the Previous Owner of an Existing