In the life cycle of a business,a stable life cycle stage is most closely identified with ________.

Question

Quizplus · Accepted Answer

The stable life cycle stage is characterized by a mature and established business that has achieved stability in its operations and is generating consistent profits. This stage comes after the growth stage and before the decline stage. It is not associated with old age or youth, as these are more related to the business owner or the market demographic, rather than the business itself. Infancy is the stage where the business is just starting out and is not yet established or generating profits.

In the Life Cycle of a Business,a Stable Life Cycle