Maturity Stage Quiz

Maturity Stage Quiz

11th Grade

10 Qs

quiz-placeholder

Similar activities

Saving & Investing

Saving & Investing

9th - 12th Grade

14 Qs

Entrepreneurship Final Exam - Fall 2024

Entrepreneurship Final Exam - Fall 2024

9th - 12th Grade

15 Qs

MKT Set 5

MKT Set 5

9th - 12th Grade

10 Qs

Product Life Cycle

Product Life Cycle

KG - Professional Development

10 Qs

I2B O2 - Summative Review

I2B O2 - Summative Review

11th Grade

13 Qs

Year 10 Business Sources of Finance

Year 10 Business Sources of Finance

10th - 12th Grade

12 Qs

International Management

International Management

11th Grade

10 Qs

Financial Planning I - Obj. 3.01 Review

Financial Planning I - Obj. 3.01 Review

9th - 12th Grade

10 Qs

Maturity Stage Quiz

Maturity Stage Quiz

Assessment

Quiz

Business

11th Grade

Medium

Created by

manpreet kaur

Used 1+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Imagine you're in a business simulation game. You're playing as Henry, who has just taken over a company. The company is at a stage where it's considered the top of the industry. What stage is Henry's company in?

Maturity stage

Growth stage

Introduction stage

Decline stage

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is a challenge faced during the maturity stage?

Decreasing market conditions

Emerging technologies

Stable economy

Decreasing competition

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

How long is the maturity stage generally?

Medium length stage

Longest stage

Shortest stage

Indefinite stage

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Nora, Jackson, and William are running a lemonade stand. They're in the maturity stage of their business. What strategy should they use to remain competitive?

Ignore other lemonade stands

Keep doing exactly what they're doing without any changes

Cut costs to increase profits

Increase costs and hope customers don't notice

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What may still be experienced during the maturity stage, but not at the same rate as during the growth stage?

Decreasing competition

Decrease in profits

Stable profits

Rapid growth

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is a challenge related to the external environment during the maturity stage?

Stable economy

Stable market conditions

Decreasing competition

Emerging technologies

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is a characteristic of yearly profits during the maturity stage?

Decreasing

Increasing

Stable

Rapid growth

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?