The Last Three Stages of a Successful Venture's Life Cycle

question 34

Multiple Choice

The last three stages of a successful venture's life cycle occur in the following order:

• A)startup, development, rapid-growth
• B)startup, survival, rapid-growth
• C)survival, rapid-growth, early-maturity
• D)development, startup, survival

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Definitions:

Cultural Outlook

The perspective and attitude towards different cultures and the ways in which cultural understanding influences an individual's views and behaviors.

Individualism

A social theory favoring freedom of action for individuals over collective or state control.

Personal Goals

Are the objectives or ambitions that an individual aims to achieve, which can be short-term or long-term.

External Attribution

An explanation for behavior focusing on the surrounding situation.