At the __________ Stage of the Life Cycle of Entrepreneurial

question 30

Multiple Choice

At the __________ stage of the life cycle of entrepreneurial organisations, the management challenge is one of fighting for existence and survival.

• A) birth
• B) decline
• C) breakthrough
• D) growth
• E) maturity

---

Definitions:

Aggregate Planning

A process in operations management aimed at determining the optimal levels of production, inventory, and workforce to meet forecasted demand over a medium-term horizon.

Demand Options

Various strategies that businesses can use to manage and respond to customer demand for their products or services.

Capacity Options

Strategies a business may use to adjust its production capacity in response to fluctuations in demand.

Yield Management Software

Software tools designed to optimize pricing and inventory allocation to maximize revenue, commonly used in industries like travel and hospitality.