12BUS post-maturity stage

The three outcomes of post-maturity are...

• decline, renewal, steady-state

• decline, repositioning, stable-state

• decline, renewal, stable-stage

• decline, repositioning, steady-stage

Which of the following is false about the post-maturity stage?

• Always follows the maturity stage

• When demand decreases following a period of stability

• When sales decline following a period of stability

• Can be entered multiple times

• May result in growth

Which of the following are true for steady-state?

• no budgeting for additional marketing

• business struggling with cash flow

• business struggles with financial performance

• business does not replace staff who have left

• maintenance of day to day practices

Which of the following are true for decline?

• business does not engage in competitively geared markeitng

• financial performance is satisfactory to the owner

• business sees decline in financial performance

• business does not replace staff who have left

• business trains/retrains staff

The 'joining' of JB Hi-Fi & The Good Guys in 2016 was...

• a merger

• an acquisition

Voluntary administration is where creditors seek a court order for an administrator to be appointed/to assess company's finances

• True

• False

Which of the following are options of an administration?

• Deed of Company Arrangement

• Liquidation

• Insolvency

• Bankruptcy

• Operations continue

A business repositioning across any of its 4 key business functions guarantees renewal

• True

• False

Which of the following are outcomes of steady-state and decline?

• Repositioning

• Merger/acquisition

• Exit

• Administration

A partnership needs to to deregister with ASIC before they can close their business/exit.

• True

• False