Question: Determine whether the following statement is true or false: Finding a suitable buyer is the most important consideration when developing an exit strategy for an

Determine whether the following statement is true or false: Finding a suitable buyer is the most important consideration when developing an exit strategy for an entrepreneurial venture.

Select one:

O a. False; the most important consideration for an

entrepreneur is profitability.

O b. True; if the buyer is inexperienced, the

company risks financial loss and long-term failure.

c. True; a business's valuation is determined by the buyer's financial resources.

O d. False; there are numerous factors to consider, including company valuation and personal goals/objectives.

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