ECONOMICS
BUSINESS CYCLES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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growth, expansion, decline
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decline, administration, economic downturn
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renewal, expansion, decline
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steady state, decline, renewal
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Detailed explanation-1: -The post-maturity phase is the final stage of the business life cycle. Typically, the business has failed to respond to increased competition and is haemorrhaging market share. This phase is characterised by falling sales and loss of market share. The business soon becomes unprofitable and cash flow problems emerge.
Detailed explanation-2: -The maturity stage divides into three phases: growth, stable, and decaying maturity.
Detailed explanation-3: -The Third Stage of Business Development: Delivering Value In the Delivering Value stage, you pay back by successfully executing and creating value from customers, markets, and relationships.
Detailed explanation-4: -Stages of the business lifecycle. Startup. Growth. Maturity. Transition. Succession. 09-Jan-2023