BUSINESS LIFE CYCLE, TYPES, STRUCTURES, FUNCTIONS

BUSINESS LIFE CYCLE, TYPES, STRUCTURES, FUNCTIONS

11th Grade

17 Qs

quiz-placeholder

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BUSINESS LIFE CYCLE, TYPES, STRUCTURES, FUNCTIONS

BUSINESS LIFE CYCLE, TYPES, STRUCTURES, FUNCTIONS

Assessment

Quiz

Business

11th Grade

Medium

Created by

Kasey Patikura

Used 4+ times

FREE Resource

17 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The third stage of the business life cycle is

Post Maturity

Start up

Growth

Seed

2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which of the following are challenges of the seed stage?

time, energy, money

significant outlay of costs

creating a clear business plan

easy to rely on income stream

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The following describes which stage of the business life cycle?

during the establishment state, the business should be at the top of its industry and is considered to have matured.

start up

post maturity

seed

maturity

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not one of the key business functions?

Finance

Research

Human Resources

Operations

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Management of employees is an activity of which key business function?

Finance

Human Resources

Marketing

Operations

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following would NOT be a main activity of the Marking function of a business?

production scheduling

pricing strategies

research markets

product development

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The definition below describes which key business function?

Involves utilising resources from materials, equipment and technology to acquire, develop and deliver goods and services.

Finance

Marketing

Human Resources

Operations

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