Stages of Business Growth Quiz

The ________ is the state of things as they are, without changes being made.

A ________ is a skilled worker who is in charge of a group of workers in a factory or on a building site, etc.

A ________ is a term used to describe a small family-owned or independent business.

_________ is a process by which the activities of a business are moved outwards from a single place to several smaller locations.

_________ is a financial investment in the development of a new company. The term is often used interchangeably with ‘seed money’.

Choose the word that is the odd one out:

The _________ of a business is measured by its long-term ability to survive over a period of time.

The ________ refers to a combination of internal and external factors that influence a company’s operation. This includes things like a change in ownership, new laws or regulations and advances in technology.

The owner of a business which has reached the success stage of the business growth cycle may choose to  ______ from the company. For example, the owner may be interested in starting a new business.

The final stage of the business growth cycle is ______. A business in this stage doesn’t implement any new ideas and avoids all risk.