Ask Question
7 August, 11:12

One of the advantages of buying an existing business is: You always get the best location The opportunity to participate in a national advertising campaign Equipment is installed and production capacity is known Easy implementation of innovations and changes from past policies

+4
Answers (1)
  1. 7 August, 11:47
    0
    Equipment is installed and production capacity is known.

    Explanation:

    When buying an existing business, the entrepreneur may find several advantages and disadvantages.

    In the case of advantages, the most suitable alternative for this issue is to have installed equipment and knowledge of the production capacity.

    This is an essential advantage, as it allows the new management of the company to have greater control over operations and thus can develop a more targeted and effective strategic planning to monitor and control organizational processes to achieve objectives and goals.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “One of the advantages of buying an existing business is: You always get the best location The opportunity to participate in a national ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers