Which of the Following Inferences Can Be Made from the Life

question 52

Multiple Choice

Which of the following inferences can be made from the life cycle model of business?

• A) Resource maturity is the first stage in the life cycle of most of the small businesses.
• B) Much of the firm's development as a business is predictable within some broad terms.
• C) Most of the small businesses go through the takeoff stage.
• D) The study of the life cycle model of business shows that the jump from the success stage to the resource maturity stage is impossible.

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Definitions:

Foot In The Door

A persuasion technique where a small initial request is made to increase the likelihood of compliance with a larger request later.

Lowballing

A sales technique in which a customer is initially offered a lower price than the actual price intended to be charged, after they have agreed to purchase.

Idiosyncrasy Credit

A theoretical concept that describes the tolerance a group has for the unconventional behavior of its members, based on the individual's status and previous contributions to group cohesion or performance.

Charismatic

Possessing a compelling charm or appeal that inspires devotion or admiration from others.