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Year 12 Business, T1 > Maturity Stage > Flashcards

Maturity Stage Flashcards

1
Q

What are the characteristics of the Maturity stage of the Business lifecycle?

A

-Business at the top of its industry
-longest stage for any business
-stable profits

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2
Q

What are the strategies of the Maturity stage of the business lifecycle?

A

-emerging technologies and innovations in the industry
-increasing competition

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3
Q

What are the challenges of the Maturity stage of the business lifecycle?

A

-emerging technologies in the industry
-increasing competition

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4
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Year 12 Business, T1 (7 decks)

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