Successful businesses typically progress through a series of life-cycle stages-from the idea stage to exiting the business; these five stages include the:
A) development stage, startup stage, survival stage, rapid growth stage, and maturity stage.
B) idea stage, design stage, operating stage, rebuilding stage, and decline stage
C) development stage, operating stage, rebuilding stage, rapid growth stage, and maturity stage
D) idea stage, startup stage, rapid growth stage, survival stage, and decline stage

Question

Quizplus · Accepted Answer

The typical stages of a successful business life cycle are the development stage (where the business idea is developed), startup stage (where the business is established and begins operations), survival stage (where the business stabilizes and establishes its place in the market), rapid growth stage (where the business experiences significant growth), and maturity stage (where growth stabilizes and the business may look for new opportunities to expand or innovate).

Successful Businesses Typically Progress Through a Series of Life-Cycle Stages-From