Profitability and efficiency ratios are generally considered to be more important during a venture's development and startup stages compared to the survival and rapid-growth stages.

Question

Quizplus · Accepted Answer

Profitability and efficiency ratios become more important during the survival and rapid-growth stages, as the focus shifts from establishing the venture to sustaining and expanding it. During the development and startup stages, the emphasis is on building a viable business model and acquiring customers, rather than generating profits or maximizing efficiency.

Profitability and Efficiency Ratios Are Generally Considered to Be More