What are the stages of the business life cycle?

• Introduction, Growth, Maturity, Decline

• Planning, Execution, Monitoring, Feedback

• Startup, Expansion, Plateau, Exit

• Research, Development, Marketing, Sales

Which stage of the business life cycle is characterized by rapid revenue growth and market expansion?

• Introduction

• Growth

• Maturity

• Decline

What is a common characteristic of the decline stage of the business life cycle?

• Decreased competition

• Increased innovation

• Falling sales and profits

• Expansion into new markets

What is the best explanation of meaning capital in business?

• Human resources

• Financial assets

• Physical infrastructure

• Intellectual property

Which of the following is NOT a method businesses commonly use to raise capital?

• Taking Out Loans

• Issuing Stocks

• Generating Revenue

• Seeking Venture Capital

What is considered the primary use of capital?

• To pay taxes

• To cover operating expenses

• To reduce competition

• To increase employee salaries

Which of the following strategies can help improve cash flow in a business?

• Increasing accounts payable

• Offering longer payment terms to suppliers

• Investing in new equipment

• Decreasing accounts receivable turnover

What is a common reason for cash flow problems in businesses?

• Excessive revenue

• Slow inventory turnover

• Low operating expenses

• High profit margins

Which financial statement is most useful for analyzing cash flow within a business?

• Income statement

• Balance sheet

• Statement of Cash Flows

• Statement of Retained Earnings

Which of the following is an example of a variable cost?

• Rent

• Salaries of permanent employees

• Raw materials

• Insurance premiums