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 ________ process.
A)hidden market
B)due diligence
C)skimming
D)business assessment

Question

Quizplus · Accepted Answer

Due diligence is the process of thoroughly examining the financial, legal, operational and other aspects of a company that is for sale. It helps the potential buyer assess the value of the company and identify any risks or opportunities associated with the investment. Hidden market refers to the network of potential buyers and sellers who are not actively advertising their interest in buying or selling a company. Skimming is a pricing strategy where a company sets a high price for a product or service when it is introduced to the market. Business assessment is a broad term that could refer to various types of evaluations of a company's performance or potential.

The Process of Investigating the Details of a Company That