BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Start-up
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Growth
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Maturity
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Post-maturity
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Detailed explanation-1: -The expansion stage of a company’s development is when all of the hard work from the early stage, generally product development and customer development, can morph into a great company if the phase is managed well.
Detailed explanation-2: -What is the Growth and Expansion Stage? The Growth and Expansion stage is one of the more notable stages of the business lifecycle. It comes after the launch and start-up stage when the business has officially picked up momentum.
Detailed explanation-3: -Here, we talk about the four stages of business growth-startup, growth, maturity and renewal or decline-in detail.
Detailed explanation-4: -Manage the five stages of a business life cycle with technology. So, what are the five stages of a business life cycle? Whether you’re at seed, startup, growth, expansion or exit, you’ll need to have strong entity management and an ability to interrogate real-time entity data that you know is accurate and up to date.