Business Life Cycle

Rapid increase in sales, cash flow problems, competitors entering the market are characteristic of which stage of the business life cycle?

• Start-up

• Growth

• Maturity

• Post-maturity

• Seed

Slow and erratic sales, constant cash outflow and lack of an established customer base is characteristic of which stage of the business life cycle?

• Growth

• Start-up

• Maturity

• Post-maturity

• Seed

The business may be in a steady state, renewal or decline in this stage of the business life cycle.

• Growth

• Maturity

• Start-up

• Post-Maturity

• Seed

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

• Start-up

• Growth

• Maturity

• Post-Maturity

• Seed

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

• Maturity

• Post Maturity

• Establishment

• Growth

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

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

• Start-up

• Growth

• Maturity

• Post-maturity

• Seed

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

• Start-up

• Growth

• Maturity

• Post-Maturity

• Seed

Which of the following is not a stage in the business life cycle?

• Growth

• Seed

• Expansion

• Post-Maturity

Which stage is described as the following?

The business idea is still an idea/concept.

• seed

• start-up

• growth

• maturity