Answered

Select the best answer for the question
1. If you most enjoy the start-up stage of business, you may consider selling when you reach the,
A. successful
B. mature
O C. final
O D. stability
stage, and plan to start another business.

Verified Answer :

GinnyAnswer

Final answer:

For business success, timing exits and entries are crucial decisions involving innovation and market strategies.


Explanation:

Enter: If you enjoy the start-up stage of business, consider selling when you reach the mature stage, and plan for a new venture. Exiting the market may happen when profits no longer justify costs, leading to job destruction.

Innovation: Businesses need to innovate to stay competitive and profitable. Calculating present discounted value of profits versus innovation costs guides decisions.

Market Entry: Companies can choose from strategies like exporting, licensing, or alliances to enter new markets, each with distinct advantages and disadvantages.


Learn more about Business Exit Strategies here:

https://brainly.com/question/32932357


Related Questions