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Define Growth Trap

question 32

Essay

Define growth trap.Discuss the strategies that small businesses can employ for coping with cash shortages.


Definitions:

Need Level

The intensity of necessity or desire for certain things in life, such as safety, love, or esteem.

Motivational Factors

Elements that stimulate desire and energy in people to be continually interested and committed to a job, role, or subject, and to exert persistent effort in attaining a goal.

Opportunities

Circumstances that present chances for progress, advancement, or benefit in various areas of life, including career and personal development.

Social Networking

Utilizing online platforms and communities to build, engage, and maintain social connections for personal or professional purposes.

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