Refer to the scenario below to answer the following questions.
A Mature Café (Scenario)
Sarah has been growing and operating her café in an upscale neighbourhood. She is happy with how the business has continued to increase in revenues as her customer base has become loyal over the years. She has just over 30 employees, two of whom are managers.
The lease on the space is coming up for renewal and this has brought up the notion of leaving the business and exploring other interests she has in travelling through Africa and Southeast Asia. Sarah has worked hard and she wants to be sure she gets as much out of the business as she put into it.
Another factor is the increasing competition in the area and the sinking feeling she has that it will be next to impossible to differentiate her business from the big chains opening on several street corners. Her fear is that her sales may have plateaued and there in fact will be a decrease in sales in the near future.
-She is at the point of seriously considering ______________.
A) merging
B) refinancing
C) harvesting
D) planting
E) cultivating
Correct Answer:
Verified
Q98: Studies have shown that visionary companies outperformed
Q99: According to our textbook, the best growth
Q100: The ability to adapt and fashion new
Q101: Refer to the scenario below to answer
Q102: Refer to the scenario below to answer
Q104: The best time to plan an exit
Q105: Refer to the scenario below to answer
Q106: Refer to the scenario below to answer
Q107: Refer to the scenario below to answer
Q108: Refer to the scenario below to answer
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents