Benefits and Challenges of Growing Your Business
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Questions and Answers

What is a potential benefit of growing your business?

  • Limiting capacity and initiative
  • Increasing opportunities to contribute to the economy and society (correct)
  • Reducing pressure from competing work and personal obligations
  • Reducing community expectations and demands

What is a potential challenge of growing your business?

  • Reducing competition from other businesses
  • Rise in community expectations and demands (correct)
  • Having a smaller and more stable business
  • Increasing wealth for the owner

What is a potential consequence of not growing your business?

  • Reducing pressure from competing work and personal obligations
  • Increased wealth and status
  • More opportunities to hire professional staff
  • Limited contribution to society and economic growth (correct)

What is the purpose of a Case Analysis Format?

<p>To provide a structured approach to problem-solving (B)</p> Signup and view all the answers

What is included in the Time Context section of a Case Analysis Format?

<p>The date and time when the problem existed (C)</p> Signup and view all the answers

What is a potential outcome of growing a business?

<p>Being noticed as a community leader (A)</p> Signup and view all the answers

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