11 BST 1.4 Business Life Cycle
Authored by Amanda Cassegrain
Business
11th Grade
Used 91+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 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?
Establishment
Growth
Maturity
Post-maturity
2.
MULTIPLE CHOICE QUESTION
30 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
Establishment
Maturity
Post-maturity
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The business may be in a steady state, renewal or decline of the business life cycle.
Growth
Maturity
Establishment
Post-Maturity
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The owners must decide whether to reignite growth, sell or close the business during this stage.
Establishment
Growth
Maturity
Post-Maturity
5.
MULTIPLE CHOICE QUESTION
30 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
30 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
Establishment
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The correct order of the business life cycle is
post-maturity, post-maturity, establishment, growth
maturity, post-maturity, establishment, growth
establishment, maturity, growth, post-maturity
establishment, growth, maturity, post-maturity
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