GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Hire extra help so you can make more money
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Grow as quickly as you can
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Grow at the speed of cash
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Use debt to help you grow faster
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Detailed explanation-1: -Customer acquisition: One of the best ways to grow market share is by focusing on lead generation and sales volume. By getting your brand in front of potential customers and then converting them to make a sale, you can grow your company’s market share and revenue at the same time.
Detailed explanation-2: -Reasons for business growth greater sustainability or resilience in the market. lower costs-due to economies of scale. greater market dominance. greater buying and bargaining power.
Detailed explanation-3: -Do Your Research. Build a Sales Funnel. Increase Customer Retention. Participate in Networking Events. Practice Corporate Social Responsibility. Form Strategic Partnerships. More items
Detailed explanation-4: -1) Be Passionate. 2) Start While You Are Still Employed. 3) Don’t Do It Alone. 4) Get Clients or Customers Lined Up. 5) Write a Business Plan. 6) Do Your Research. 7) Get Professional Help. 8) Make Sure the Money Is Lined Up. More items •13-Sept-2022