BUSINESS ADMINISTRATION
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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This is needed in every business. Without this, business operations will stagnate.
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systems
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scalability
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sustainability
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growth
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Explanation:
Detailed explanation-1: -Many factors contribute to business stagnation including lack of capital that facilitated the expansion of your company, difficulty in attracting new customers, improving customer loyalty and ineffective business strategies.
Detailed explanation-2: -Stagnation occurs within an economy when total output is either declining, flat, or growing slowly. Persistent unemployment, flat job growth, no wage increases, and an absence of stock market booms or highs are evidence of stagnation.
Detailed explanation-3: -greater sustainability or resilience in the market. lower costs-due to economies of scale. greater market dominance. greater buying and bargaining power.
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