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Growth business

Quiz by Miss Bridges

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7 questions
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  • Q1
    Which of the following is a characteristic of a growth business?
    Declining customer base
    Stagnant market share
    Decrease in revenue
    Rapid increase in sales and profits
    30s
  • Q2
    What is a common source of funding for growth businesses looking to expand their operations?
    Personal savings of the owner
    Venture capital investment
    Crowdfunding campaigns
    Traditional bank loans
    30s
  • Q3
    What is one potential benefit of a business achieving sustainable growth?
    Decline in profitability
    Stability and long-term success
    Rapid expansion with high risk
    Lack of resources for innovation
    30s
  • Q4
    Which financial metric is often used to measure the growth of a business?
    Operating income
    Break-even point
    Revenue growth rate
    Fixed costs
    30s
  • Q5
    What is a key factor that can contribute to the success of a growth business?
    Lack of innovation
    Ignoring customer feedback
    Effective marketing strategies
    Limited product availability
    30s
  • Q6
    Which strategy can a growth business use to expand its market share?
    Reducing product variety
    Acquiring competitor companies
    Lowering prices significantly
    Decreasing advertising efforts
    30s
  • Q7
    What is a common reason why a growth business might choose to expand internationally?
    To access new markets and customers
    To decrease revenue
    To limit the company's size
    To reduce expenses
    30s

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