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:
D) supply chain
Explanation:
A supply chain is a system that includes people, activities, technology, and organizations that take part in the creation and sales of a product. The supply chain begins with the acquisition of raw materials from suppliers to the delivery of finished products to the end-users. The entities in supply chains include transporters, warehouses, distributors, wholesalers, and retailers.
In an organization, supply chain management oversights the flow of information, materials, and finances as they flow from suppliers to manufacturing and eventually to consumers. Therefore, the supply chain is a network between a business and its suppliers and the distribution channels. The functions of the supply chain cut across the production, finance, marketing, and customer service departments.
Answer: Consumer demand changes often based on many factors.
Explanation:
Consumer demand refers to the quantity of goods demanded by the consumer at a given point in time. Demand for goods by the consumer can change due to many factors, like change in the price of the good, change in price of its related goods (Substitutes or Complements), change in the tastes and preferences, change in expectation of the consumers,etc.
Therefore, the answer is Consumer demand changes often based on many factors.
The answer is they seem to go together, since as time passes, the higher the interest rates grow or vice versa, while time passes interest rates may fall as well, but commonly, as time passes, so does interest rates rise. This reactions may be seen in huge companies or organizations that have invested huge amounts of money that have grown overtime