John has run his business for 15 years. He is ready to move on to a different focus at this time in his life. He sells ownership of the business to a retirement fund for the employees. Which type of exit strategy did John use? * O Initial Public Offering (IPO) O Management Buyout Employee Stock Ownership Plan (ESOP). Harvesting

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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John has run his business for 15 years. He is ready to move on to a different focus
at this time in his life. He sells ownership of the business to a retirement fund for
the employees. Which type of exit strategy did John use? *
Initial Public Offering (IPO)
Management Buyout
Employee Stock Ownership Plan (ESOP)
Harvesting
When a business owner exchanges his/her ownership of the business for cash,
acquisition, or merger the exit strategy is called *
Harvesting
OEmployee Stock Ownership Plan (ESOP)
Management Buyout
Initial Public Offering (IPO)
O O O O
OOOO
Transcribed Image Text:Prep | Businėss Exit Strateg x ms/d/e/1FAlpQLSdNJAUeZ62HxUGYop-JQrWWIYKs4NMtV-YwC53JDtv07JI7hg/viewform?hr_submission=DC.. Your email will be recorded when you submit this form. Not laniahc152@lancasterisd.org? Switch account * Required John has run his business for 15 years. He is ready to move on to a different focus at this time in his life. He sells ownership of the business to a retirement fund for the employees. Which type of exit strategy did John use? * Initial Public Offering (IPO) Management Buyout Employee Stock Ownership Plan (ESOP) Harvesting When a business owner exchanges his/her ownership of the business for cash, acquisition, or merger the exit strategy is called * Harvesting OEmployee Stock Ownership Plan (ESOP) Management Buyout Initial Public Offering (IPO) O O O O OOOO
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