The stage that precedes the survival stage in a successful venture's life cycle is called the:
A)rapid-growth stage
B)early-maturity stage
C)development stage
D)startup stage

Question

Quizplus · Accepted Answer

The stage that precedes the survival stage in a successful venture's life cycle is the startup stage. During the startup stage, the business is established, and its products or services are introduced to the market. Following this phase, the venture enters the survival stage, where the focus shifts to sustaining operations and securing a stable market position.

The Stage That Precedes the Survival Stage in a Successful