Final answer:
Both sellers and buyers benefit from a business having an exit strategy, as it aids in investment recoupment, smooth ownership transitions, and can mitigate negative economic impacts.
Step-by-step explanation:
The question of who benefits from a business having an exit strategy is a pertinent one. In a model of perfectly competitive firms, an exit strategy is crucial for both the seller(s) and the buyer(s). Sellers benefit from an exit strategy as it provides a clear plan for recouping investments and minimizing losses when a business is no longer profitable. Buyers benefit as the exit strategy can ensure a smooth transition of ownership and operation, which is essential for the continuity and success of a business acquisition. Moreover, an exit strategy can benefit employees and the economy by potentially reducing the negative impacts of a business closure.