Venture Life Cycle

Venture Life Cycle

11th - 12th Grade

12 Qs

quiz-placeholder

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Venture Life Cycle

Venture Life Cycle

Assessment

Quiz

Business

11th - 12th Grade

Practice Problem

Medium

Created by

Keisha Morales

Used 38+ times

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12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 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

Decline

2.

MULTIPLE CHOICE QUESTION

1 min • 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 activities

Maturity

Decline

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The owners must decide whether to reignite growth, sell or close the business during this stage.

Establishment

Growth

Maturity

Innovation/Decline

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Some growth may still occur but not at the same rate as previously

Maturity

Post Maturity

Establishment

Growth

5.

MULTIPLE CHOICE QUESTION

1 min • 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

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Sales level off, market for product is saturated, focus on remaining competitive is characteristic of which stage of the business life cycle?

Establishment

Growth

Maturity

Post-maturity

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Falling sales and loss of market share is characteristic of which stage of the business life cycle?

Establishment

Growth

Maturity

Post-Maturity (Decline)

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