Asked by Mallory Connell on May 07, 2024
Verified
The ______ stage of growth involves the owner running the business alone.
A) existence
B) survival
C) success-disengagement
D) resource maturity
Success-Disengagement
The concept of an individual or entity achieving their predetermined goals and subsequently stepping back or reducing their active involvement.
Resource Maturity
A metric or stage indicating the level of development and readiness for use of a particular resource within an organization or project.
Existence
The fact of being, presence, or reality of something, often used in various contexts to refer to the presence or occurrence of life, entities, or objects.
- Become familiar with the stages of business evolution and the complications associated with them.
Verified Answer
MG
Mikhial GuggemosMay 14, 2024
Final Answer :
A
Explanation :
The existence stage of growth is when the business is just starting out, and typically, the owner is handling all aspects of the business alone, focusing on acquiring customers and delivering the product or service.
Learning Objectives
- Become familiar with the stages of business evolution and the complications associated with them.