Which of the Following Is True Regarding the Stages in a Business

question 84

Multiple Choice

Which of the following is true regarding the stages in a business life cycle for most small businesses?

• A) The stage of success is followed by survival.
• B) Survival is the last stage of the cycle.
• C) Existence is the first stage of cycle.
• D) Resource maturity follows success stage.

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Definitions:

Unresolved Electra

A concept from Freudian psychology suggesting unresolved competition with the mother for the affection of the father.

Discontinuous Change

Developmental progress that occurs in distinct stages, with each stage bringing about new and different abilities or behaviors.

Plasticity

The capacity of the brain to change and adapt in structure and function in response to learning and experience.

Generativity

A stage of psychosocial development in which an individual focuses on guiding the next generation or contributing to the well-being of others, typically during middle adulthood.