25) _____ refers to a situation when what is best for one's part-time business is different from what is best for his or her full-time employer.

Group of answer choices

Cannibalizing

Aggrandizing

Conflict of interest

Poisoning the well

26) Which of the following is essential to the success of all start-ups when one uses the "lean" entrepreneurial methods?

Group of answer choices

Having experience managing large firms

Not encouraging standardizing repetitive characteristics of a business

Starting a business with a sole founder

Keeping in touch with one's customers

27) If Sarah were to buy an existing business, which of the following disadvantages would you point out?

Group of answer choices

Difficulty in determining the worth of the business.

Possibility of established customers leaving due to change.

Need for establish production processes.

Buying a business being more expensive than starting one.

28) Which of the following is the primary goal for performing due diligence?

Group of answer choices

Finding any inefficiencies, unnoticed opportunities, waste, and mismanagement

Conducting extensive interviews with the sellers of the business

Identifying the potential competitors of the company

Studying the competitive strategies of the company