The business life cycle corresponds to the stages that a business goes through throughout its existence in the market, which are existence, survival of the fittest, success, take-off and maturity. The correct sequence for this question is C B D A E.
<h3>Maturity</h3>
The business is separate from the owner with responsibilities delegated to staff. A business in this stage usually commands a considerable share of the market and may even be a household name.
<h3>Takeoff</h3>
Expansion strategies are implemented, and investment is balanced with potential.
<h3>Existence</h3>
The business introduces itself to the market and attempts to catch the attention of potential customers.
<h3>Success</h3>
Company is stable and profitable.
<h3>Survival of the Fittest</h3>
Focus shifts to revenue, expenses, and growth. Cashflow is the major issue.
Therefore, the business life cycle will help management to manage its resources according to the business phase and make more effective decisions for competitiveness and organizational positioning.
The correct answer is:
C. Maturity
B. Takeoff
D. Existence
A. Success
E. Survival of the Fittest
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Answer:
Correct option is (D)
Explanation:
Total cost is a sum of Total fixed cost and total variable cost. Fixed cost does not change with the change in number of units produced. Variable cost on the other hand increases with the increase in production.
So, initially fixed cost is higher than variable cost at a certain production level. As production increases, fixed cost is spread across units and per unit fixed cost falls but variable cost keeps increasing, so total cost keep increasing with increase in production because of variable cost component.
Answer:
Transparency
Explanation:
Transparency as regards Businesses can be explained as process involving been honest as well as open and straightforward about activities involving company operations.
It should be noted that Transparency could be uncovered As Accenture explores an end-to-end business flow that has reconciliation between multiple parties.
Mortality pattern affects population growth rates because a high mortality rate will offset the population-growth effects of a high birthrate. It is important to remember that mortality patterns often disproportionately affect different groups. If the mortality rate were atypically high among fertile-age women, this would have an even more powerful impact on population growth.
Age distribution is also important to growth rate because it describes what percentage of the population is at a child producing age. An age distribution that is weighed toward elder people can expect a lower future growth rate than a young-slanted age distribution, since a larger portion of the young population will likely have babies in the future.