The growth stage of the business cycle is characterized by:
A) increasing revenue.
B) increasing profits.
C) declining risk of failure.
D) all of the above.

Question

Quizplus · Accepted Answer

The growth stage of the business cycle is characterized by increasing revenue, increasing profits, and declining risk of failure. As the economy improves and consumer confidence increases, businesses experience an increase in demand for their products and services, which leads to increased revenue and profits. As a result, the risk of failure declines as the business becomes more established and financially stable.

The Growth Stage of the Business Cycle Is Characterized By