a. What makes the likely head of the sources higher? b. Why do we need to know stages of cycle? c. Similarity/ difference in product/business/service? d. Critical success factor? e. What is importance of understanding which stage your business at/in ? f. Importance od exist strategy? Ways to exist? g. Why success company shutdown?

A

a. Slack resources get higher when additional personnel and tools are added to business operations in order to make owners’ lives easier. They are beneficial for rechanneling available resources into different aspects of business when needed.

b. Knowing the stages of a product cycle is necessary for understanding relevant processes involved in the production, management, marketing, and selling of specific products or services. Depending on the stage of the cycle, companies make appropriate decisions for maximizing their profits.

c. Both product and service businesses have the same goal of gaining a profit from operations. Product-based companies sell tangible things while service-based companies sell services that customers need to be completed, which means that products cannot substitute services and vice versa.

d. Critical success factors are differentiated into outside help and entrepreneurial experience. These factors are essential to understanding because they come from external sources and thus can cause either the failure or success of companies.

e. Stages of life cycle include emergence, existence, survival, success, and maturity (Katz & Green, 2013). They are necessary for understanding the levels of risks and opportunities that companies have at the present moment.

f. Exit strategies are important to have because they provide businesses with a suitable plan for solving the issue of business failed profitability and ineffectiveness. Ways to exit include Merger and Acquisition, Initial Public Offering, liquidation, cash cows, and others. Depending on the options available to businesses, companies can choose any exit strategy to make the transition easier and smoother.

g. Successful companies can shut down because they have inefficient business plans, lack capital for sustaining themselves, have poor management, or because of other reasons. It should be noted that even successful businesses fail in withstanding the pressure of economic conditions.

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Academic.Tips. (2021) 'a. What makes the likely head of the sources higher? b. Why do we need to know stages of cycle? c. Similarity/ difference in product/business/service? d. Critical success factor? e. What is importance of understanding which stage your business at/in ? f. Importance od exist strategy? Ways to exist? g. Why success company shutdown'. 20 July.

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Academic.Tips. (2021, July 20). a. What makes the likely head of the sources higher? b. Why do we need to know stages of cycle? c. Similarity/ difference in product/business/service? d. Critical success factor? e. What is importance of understanding which stage your business at/in ? f. Importance od exist strategy? Ways to exist? g. Why success company shutdown? Retrieved from https://academic.tips/question/a-what-makes-the-likely-head-of-the-sources-higher-b-why-do-we-need-to-know-stages-of-cycle-c-similarity-difference-in-product-business-service-d-critical-success-factor-e-what-is-importance/

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Academic.Tips. 2021. "a. What makes the likely head of the sources higher? b. Why do we need to know stages of cycle? c. Similarity/ difference in product/business/service? d. Critical success factor? e. What is importance of understanding which stage your business at/in ? f. Importance od exist strategy? Ways to exist? g. Why success company shutdown?" July 20, 2021. https://academic.tips/question/a-what-makes-the-likely-head-of-the-sources-higher-b-why-do-we-need-to-know-stages-of-cycle-c-similarity-difference-in-product-business-service-d-critical-success-factor-e-what-is-importance/.

1. Academic.Tips. "a. What makes the likely head of the sources higher? b. Why do we need to know stages of cycle? c. Similarity/ difference in product/business/service? d. Critical success factor? e. What is importance of understanding which stage your business at/in ? f. Importance od exist strategy? Ways to exist? g. Why success company shutdown?" July 20, 2021. https://academic.tips/question/a-what-makes-the-likely-head-of-the-sources-higher-b-why-do-we-need-to-know-stages-of-cycle-c-similarity-difference-in-product-business-service-d-critical-success-factor-e-what-is-importance/.


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Academic.Tips. "a. What makes the likely head of the sources higher? b. Why do we need to know stages of cycle? c. Similarity/ difference in product/business/service? d. Critical success factor? e. What is importance of understanding which stage your business at/in ? f. Importance od exist strategy? Ways to exist? g. Why success company shutdown?" July 20, 2021. https://academic.tips/question/a-what-makes-the-likely-head-of-the-sources-higher-b-why-do-we-need-to-know-stages-of-cycle-c-similarity-difference-in-product-business-service-d-critical-success-factor-e-what-is-importance/.

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"a. What makes the likely head of the sources higher? b. Why do we need to know stages of cycle? c. Similarity/ difference in product/business/service? d. Critical success factor? e. What is importance of understanding which stage your business at/in ? f. Importance od exist strategy? Ways to exist? g. Why success company shutdown?" Academic.Tips, 20 July 2021, academic.tips/question/a-what-makes-the-likely-head-of-the-sources-higher-b-why-do-we-need-to-know-stages-of-cycle-c-similarity-difference-in-product-business-service-d-critical-success-factor-e-what-is-importance/.

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