Dylan owns a small grocery store. The store has not been receiving a lot of business during the last few months and has been making a low profit.Dylan has a meeting scheduled to discuss these issues with other employees of the grocery store. In which business life cycle stage is Dylan? 0000 Survival Pivot or persist Exit plan Resource maturity

Question

Dylan owns a small grocery store. The store has not been receiving a lot of business during the last few months and has been making a low profit.Dylan has a meeting scheduled to discuss these issues with other employees of the grocery store. In which business life cycle stage is Dylan? 0000 Survival Pivot or persist Exit plan Resource maturity

Answer 1

Dylan's grocery store is facing challenges such as low business and low profit over the past few months. This indicates that the store is struggling to maintain its operations and keep afloat. In the context of business life cycles, the stage where the business is primarily focused on maintaining its existence and dealing with operational and financial challenges is known as the "Survival" stage. During this stage, the business must work diligently to overcome these hurdles to continue operations.

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