level: 1.3 Enterprise, Business Growth & Size
Questions and Answers List
level questions: 1.3 Enterprise, Business Growth & Size
| Question | Answer |
|---|---|
| A person who organizes, operates, and take the financial risk for a new business venture | Entrepreneur |
| A document containing business objective and important details | Business plan |
| Using profits from inside the existing business to growth | Internal growth |
| A business takes over or merges with another business | External growth |
| Clash of cultures, communication problems, harder to manage | Problems of business growth |
| Less risky, owner objectives | Why do some businesses stay small? |