In which of the following life-cycle stages of small businesses does the business model begin to work well, growth take place, and the complexity of the business expand significantly?
A) The maturity stage
B) The breakthrough stage
C) The post-maturity stage
D) The birth stage

Question

Quizplus · Accepted Answer

The breakthrough stage is the stage where the business model is proven to be effective, growth takes place, and the complexity of the business expands significantly. This is also the stage where the business moves from being a small start-up to becoming a larger enterprise.

In Which of the Following Life-Cycle Stages of Small Businesses