The process of investigating the details of a company that is for sale to determine the strengths, weaknesses, opportunities and threats facing it is known as the ________.
A) hidden market process
B) due diligence process
C) skimming process
D) business assessment process

Question

Quizplus · Accepted Answer

The process of investigating the details of a company that is for sale to determine the strengths, weaknesses, opportunities, and threats facing it is known as the due diligence process. This process involves a thorough examination of the company's financial records, operations, contracts, assets, and liabilities to identify any risks and opportunities associated with the purchase of the business. The other options (A, C, and D) do not accurately describe this process.

The Process of Investigating the Details of a Company That