Which of the Following Is True of the Growth of a Typical

question 68

Multiple Choice

Which of the following is true of the growth of a typical traditional small business?

• A) It tends to quickly level off after the owners operate long enough to learn the basics of making money.
• B) It levels off after operations settle into a consistent,money-making pattern generating income to provide a living for the owner.
• C) It grows at rates between 5 to 15 percent a year.
• D) It grows at rates of 25 percent or more a year.

---

Definitions:

Marketing Mix

The combination of elements (product, price, place, promotion) used by a business to achieve its marketing objectives and satisfy customer needs.

Paralympic Teams

Sports teams composed of athletes with disabilities who compete in the Paralympic Games, an international multi-sport event parallel to the Olympics.

Gyrocopter

A lightweight, personal aircraft with both an engine-driven propeller and unpowered rotor blades that spin to provide lift.

Prospective Customers

Potential clients or customers who are considered likely to purchase a business's products or services.