Which stage in the venture life cycle is characterized by creating and building value, obtaining additional financing, and examining opportunities?
A)survival stage
B)startup stage
C)rapid-growth stage
D)early-maturity stage

Question

Quizplus · Accepted Answer

The rapid-growth stage is characterized by creating and building value through increased sales, marketing, and operational efforts. Additionally, during this stage, the venture requires additional financing to continue growth and should be examining new opportunities for expansion.

Which Stage in the Venture Life Cycle Is Characterized by Creating