As his small business prospers and grows from Stage 1 to Stage 4, Carlos Perez realizes that he also must grow by increasing his
A) doing skills.
B) advertising skills.
C) managing skills.
D) legal skills.

Question

Quizplus · Accepted Answer

As a small business grows, the demands on the owner/manager's time and abilities also grow. In order to successfully navigate the transition from Stage 1 to Stage 4, Carlos Perez must increase his management skills to effectively oversee employees and operations, make strategic business decisions, and ensure continued growth and success. While advertising, legal, and doing (operational) skills are also important, they are not as critical to increasing the overall success of the business as management skills.

As His Small Business Prospers and Grows from Stage 1