ECONOMICS
BUSINESS CYCLES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Maturity
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Growth
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Post-Maturity
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Seed
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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 is when the sales begin to level off from the rapid growth period. At this point, companies begin to reduce their prices so they can stay competitive amongst the growing competition.
Detailed explanation-3: -Identify Your Place in the 4 Stages of Business Growth Startup. Growth. Maturity. Renewal or decline.
Detailed explanation-4: -Smartphones. Streaming services. Laptops. Coca-Cola. 14-Oct-2022