
Business Life Cycle
Authored by Jessica Mihan
Social Studies
11th Grade
Used 44+ times

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29 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Rapid increase in sales, cash flow problems, competitors attracted to the market is characteristic of which stage of the business life cycle?
Start-up
Growth
Maturity
Post-maturity
Seed
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Slow and erratic sales, constant cash outflow and lack of established customer base is characteristic of which stage of the business life cycle?
Growth
Start-up
Maturity
Post-maturity
Seed
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The business may be in a steady state, renewal or decline of the business life cycle.
Growth
Maturity
Start-up
Post-Maturity
Seed
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The owners must decide whether to reignite growth, sell or close the business during this stage.
Start-up
Growth
Maturity
Post-Maturity
Seed
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Some growth may still occur but not at the same rate as previously
Maturity
Post Maturity
Establishment
Growth
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Challenges include new competitors, not getting too comfortable in the market and giving control over to reliable staff.
Growth
Post-maturity
Maturity
Start-up
Seed
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Sales level off, market for product is saturated, focus on remaining competitive is characteristic of which stage of the business life cycle?
Start-up
Growth
Maturity
Post-maturity
Seed
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