Katlyn Williams owns a company that makes specialized components for the aerospace industry. Her most important customer is a company that is growing at a rate of 33% per year. Katlyn is working hard to grow her firm, because she knows that unless her company continually grows it will not be able to keep pace with the growth of its most important customer. This example illustrates the reason for growth referred to as ________.
A) capturing economies of scope
B) executing a scalable business model
C) market leadership
D) influence, power, and survivability
E) need to accommodate the growth of a key customer

Question

Quizplus · Accepted Answer

The example given highlights the need to accommodate the growth of a key customer as the reason for growth. Therefore, option E is the correct choice. The other options such as capturing economies of scope, executing a scalable business model, market leadership, and influence, power, and survivability may also be reasons for growth, but they are not the primary reason given in this example.

Katlyn Williams Owns a Company That Makes Specialized Components for the Aerospace