This stage of the business life cycle is characterized by a stable level of sales and profits over several years.The functional areas,the market,and the products or services are all being dealt with consistently and efficiently.

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The resource maturity stage is characterized by stable sales and profits over multiple years, efficient management of functional areas, consistent product/service offerings, and a focus on maximizing resources. This stage typically follows the takeoff stage, where there is rapid growth, and precedes the success stage, where the company may experience continued growth or possible decline. The existence stage is characterized by survival and overcoming early challenges, while the takeoff stage is marked by the achievement of rapid growth.

This Stage of the Business Life Cycle Is Characterized by a Stable