Asked by Alexsis Oltsher on May 19, 2024
Verified
In Scenario 14-2, Larry can remember when he was running the first pasta shop alone. At that point he was in the ______ stage of growth.
A) initial
B) existence
C) survival
D) success
Growth Stage
refers to a phase in the life cycle of a business or product characterized by rapid revenue and customer base expansion.
Existence
The state or fact of living or having objective reality.
Initial
Pertaining to the beginning, first, or early stages of a process or series.
- Determine the critical steps in business development and the difficulties encountered at each step.
Verified Answer
GZ
Geraldina ZapataMay 23, 2024
Final Answer :
B
Explanation :
In the scenario described, when Larry was running the first pasta shop alone, he was in the "existence" stage of growth. This stage is characterized by the business being newly established and focusing on securing its place in the market.
Learning Objectives
- Determine the critical steps in business development and the difficulties encountered at each step.
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