What growth-related problems did businesses encounter? How did businesses cope with these problems?

Answers

Answer 1
Growing businesses face a range of challenges. As a business grows, different problems and opportunities demand different solutions - what worked a year ago might now be not the best approach. All too often, avoidable mistakes turn what could have been a great business into an also-ran.

Recognising and overcoming the common pitfalls associated with growth is essential if your business is to continue to grow and thrive. Crucially, you need to ensure that the steps you take today don't themselves create additional problems for the future. Effective leadership will help you make the most of the opportunities, creating sustainable growth for the future.
Market research isn't something you do as a one-off when you launch your business. Business conditions change continually, so your market research should be continuous as well. Otherwise you run the risk of making business decisions based on out-of-date information, which can lead to business failure.


Apparently loyal customers can be quick to find alternative suppliers who provide a better deal.
As products (and services) age, sales growth and profit margins get squeezed. Understanding where your products are in their lifecycles can help you work out how to maximise overall profitability. At the same time, you need to invest in innovation to build a stream of new, profitable products to market.

The plan that made sense for you a year ago isn't necessarily right for you now. Market conditions continually change, so you need to revisit and update your business plan regularly. See the page in this guide on keeping up with the market.

As your business grows, your strategy needs to evolve to suit your changed circumstances. For example, your focus is likely to change from winning new customers to building profitable relationships and maximising growth with existing customers. Existing business relationships often have greater potential for profit and can also provide reliable cash flow. Newer relationships may increase turnover, but the profit margins may be lower, which may not be sustainable.
At the same time, every business needs to be alert to new opportunities. There are obvious risks to relying solely on existing customers. Diversifying your customer base spreads those risks.
It's important not to assume that your current success means that you will automatically be able to take advantage of these opportunities. Every major move needs planning in the same way as a new business launch
Watch out for being too opportunistic - ask yourself whether new ideas suit your strengths and your overall vision of where the business is going. Bear in mind that every new development brings with it changing risks. It's worth regularly reviewing the risks you face and developing contingency plans.
.Making the best use of your finances should be a key element in business planning and assessing new opportunities. With limited resources, you may need to pass up promising opportunities if pursuing them would mean starving your core business of essential funding.


Good stock control and effective supplier management tend to become increasingly important as businesses grow. Holdings of obsolete stock may become a problem that needs periodic clearing up.
As your business grows, this approach simply doesn't work. While a short-term crisis is always urgent, it may not matter nearly as much as other things you could be doing. Spending your time soothing an irritated customer might help protect that one relationship - but focusing instead on recruiting the right salesperson could lay the foundations of substantial new sales.
A disciplined approach to management focuses on leading employees, developing your management team and building your business strategy. Instead of treating each problem as a one-off, you develop systems and structures that make it easier to handle in the future.
Responsibilities and tasks can be delegated as your business grows, but without solid management information systems you cannot manage effectively. The larger your business grows, the harder it is to ensure that information is shared and different functions work together effectively. Putting the right infrastructure in place is an essential part of helping your business to grow.



Answer 2
Disadvantages of business growth
shortage of cash - you may need to borrow money to meet expansion costs, eg buy new premises or equipment.
compromised quality - increasing your production output may lead to a decline in quality, which can lead to loss of customers or sales.

10 biggest start-up challenges
Failure to plan. CHALLENGE: With the excitement of a new business idea, it can be tempting to launch without much forward-thinking. ...
Lack of demand. ...
Ineffective marketing. ...
Knowledge and skills gaps. ...
Financial management. ...
Securing funding. ...
Hiring the right people. ...
Leadership.


Related Questions

This ancient monument is found in
A) Egypt


B) India



C) Turkey



D) Israel

Answers

Answer: A

Explanation:

Answer:

A

Explanation:

took quiz

A traditional Chinese method of rice farming uses

A. marshes
B. paddies
C. levees
D. floating fields​

Answers

Answer:

I hope I'm right It is B paddies.

Pls do not get mad....

Explanation:

how social system affect daily lives? please provide 3 answers.​

Answers

Answer:

Acting via roles, social networks, and status, social structure can affect the health, values, occupational attainment, and sense of belonging in society. Many studies show that people who are part of social networks are less likely to be negatively affected by stressful life events and are less likely to become ill.

Explanation:

How does social structure affect our everyday interaction?

Social structure guides people's behaviors. People develop these perceptions, attitudes, and behaviors from their place in the social structure, and they act accordingly. All of the components of social structure work together to maintain social order by limiting, guiding, and organizing human behavior.

How does social structure affect our everyday interaction?

Social structure guides people's behaviors. People develop these perceptions, attitudes, and behaviors from their place in the social structure, and they act accordingly. All of the components of social structure work together to maintain social order by limiting, guiding, and organizing human behavior.

Why is social system important?

The society lays down certain norms and ideals for keeping the social system intact and for determining the various functions of different units. These norms prescribe the rules and regulations on the basis of which individuals or persons may acquire their cultural goals and aims.

What happened to the North Carolina economy as the war continued?

Answers

Answer:A shattered economy, social upheaval, and a new era of politics awaited them. ... North Carolina suffered terrible human losses from the Civil War.

Explanation:

Answer:

New highways were built, and cities grew as new industry and new people moved to the state.

Which of the following countries was not reached by the Vikings?

a) England.
b) France.
c) Russia.
d) Hungary.

Answers

Answer:

I think A England

Explanation:

I don't know

Answer:

Hungary

Explanation:

The prevalence of _____ thinking encouraged slavery to develop in the South.

Select the best answer from the choices provided.
A.
Puritan
B.
industrial
C.
aristocratic
D.
egalitarian

Answers

I’m pretty sure the answer is industrial so B

Why were European monarchs concerned in 1792?

Answers

By 1792, European Monarchs were concerned that the revolution could spread to their countries. When former members of the nobility and anti-revolutionaries arrived in neighboring countries, they told stories about the chaos of the revolution.

The Convention that met in September 1792 was a more radical body than earlier assemblies. It voted to abolish the monarchy and establish the French Republic. Under this new government, Louis XVI and his queen were executed. ... War with other European nations and internal rebellions concerned the government.

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Explain the role of women in sumerian society

Answers

Woman don't exist. But since we're talking a long time ago (where they did exist), they were allowed to own property, run businesses with their husbands, become priestess, scribes, physicians and act as judges and witnesses in court.

Special districts are in charge of a specific service, such as water districts and school districts.
True
False

Answers

True

Special districts are in charge of a specific service, such as water districts and school districts. They are created to provide a specific function that is not part of the regular municipal government services. The article goes into detail, explaining that special districts have recently become more prevalent because they can be used in place of local taxes when people are less interested in paying taxes for general fund budgets. This allows elected officials to make up the difference with other funding sources, like district assessments. There can also be cases where multiple special districts overlap each other's boundaries or there may not be enough revenue generated by the district to cover all expenses.

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Answers

Answer:

WHAT IS LANGUAGE THAT UH

According to King, the founders who signed the Constitution wrote African Americans "a
bad check.” What does he mean

Answers

Answer:

That African Americans should have been assigned to more rights like white men, and not have limited rights. ... King dreams that white and black children will hold hands, and have peace between the two.

The tree clones are sapling ...

Question 5 options:

sequoias


redwoods


sycamores

Answers

Answer:

red woods

Explanation:

who is the first European to leave India in the below four options.
(a) Portuguese
(b) Dutch
(c) British
(d) French
pls anyone give the correct answer

Answers

Answer is (a)

hope this is helpful

A. Portuguese is the correct answer

66) For investments, how are risk and return related?
A) When the risk is low, the return is high.
B) When the risk is high, the return is low.
C) When the risk is high, the return is high.
D) When the risk is low, the return cannot be calculated.

Answers

Answer:

For investments, how are risk and return related?

C) When the risk is high, the return is high.

Question 3 of 20 :
Select the best answer for the question.
3. The appeal of the West was that many Americans wanted
O A. gold.
O B. peace.
O C. war.
O D. land.
Mark for review (Will be highlighted on the review page)
<< Previous Question
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H
O
a

Answers

Answer:

B. Peace

Explanation:

Peace is something which can lead a nation towards citizen&rsquo;s security, social independence and ultimately leads to development.Jul 2, 2020

B peace.

This is the correct answer

Why do you think conflicts persisted between
the world powers after World War II ended?

Answers

Answer:

please give me brainlest star

Explanation:

The aftermath of World War I confirmed the importance of isolationism to many Americans. The “war to end all wars” ultimately failed to live up to its name, and Americans were wary of once again of getting involved in foreign conflicts. Before the start of World War II, the idea of the United States as a leading global power was not an ambition of American politicians. Most Americans remained content to let other powers, such as Great Britain, fill that role. By the end of World War II, however, the United States stood as one of two leading global powers, alongside the Soviet Union, which had experienced a similarly unexpected rise to power. Far from the isolationism that characterized US global politics, the immediate aftermath of World War II established a clear desire among American political and economic leaders to protect this newfound power and to secure the United States as the leader of the “free world.”

THE RISING POWER OF THE DOLLAR 

At end of nineteenth century, the British pound was more than double in value to its closest competitor, which included the French franc and the German mark. American dollars could not compete with European currencies. The strength of the British pound continued to persist, but its preference as a standard currency for global commerce was weakening over time. Economic scholars Menzie Chinn and Jeffrey Frankel argued that the waning power of the British pound, hit by two world wars and a global economic depression, allowed the American dollar to surpass the once robust British currency. By 1945, the status of the dollar and the pound had essentially flipped. Within a few decades, the United States transformed from an isolationist, inward-looking power with minimal presence on the global stage to an economic powerhouse that controlled the most valuable currency in international markets. How did such a remarkable transformation occur?

Briefly explain ONE specific historical development that led to the action depicted in the image of "Lincoln's Last Warning"

Answers

Lincoln's leadership in ending slavery in the country was a historic development that elevated the action portrayed in "Lincoln's Last Warning."

We can arrive at this answer because:

"Lincoln's Last Warning" shows Lincoln determined to cut down a tree and warning a man standing on top of that tree to get down before the tree is cut down.The tree represents slavery, which was completely rooted in the country and supported the southern states, which are represented by the man on top of the tree.

Lincon's leadership and determination to end slavery is what spurred the artist to draw "Lincoln's Last Warning." In this image, Lincoln shows the southern states that slavery will be ended and they must abandon it as soon as possible.

You can see "Lincoln's Last Warning" in the attached image.

More information:

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Which of these is not a part of the U. S. Constitution?

the invocation

preamble

amendments

articles

Answers

Answer:

Invocation.

Explanation:

Please give BRANIEST if I helped out,!

Name the father of science
A. Albert Einstein
B. sephan hewken
C. sir isaac newton
D. none of them​

Answers

Answer:

I think its albert Einstein

Answer:

Name the father of science

» D. none of them

FYI → Albert Einstein called Galileo Galilei the "father of modern science."

It is possible, Perkins learned from his mentor Claudine, for the statistic of Gross Domestic Product (GNP) to be used to indicate a countries income, even if only one person in the country received that income. T or F

Answers

The Gross Domestic Product can indeed indicate a country's income even if only one person received it. This is therefore TRUE.

The Gross Domestic Product (GDP):

Indicates the relative wealth of a nation Has been criticized for not showing income inequality

The Gross Domestic Product does not take into account who actually has the income in question but rather that there is income. It is therefore a biased indicator of wealth.

In conclusion, this statement is true.

Find out more at https://brainly.com/question/17536387.

Which idea is a fundamental principle of the Articles of Confederation?

Answers

Answer:

The fundamental principle of the Articles of Confederation is the sovereignty and independence of the states. It made each state in America as independent body which is related by a mutual agreement.

Explanation:

Who gave many speeches to convince delegates to sign the Declaration of Independence?
Thomas Jefferson
John Hancock
John Adams
George Washington

Answers

Answer:

John Hancock

Explanation:

this is why a signature is referred to as your " John Hancock"

How does the circular flow of income primarily affect households or firms?
It establishes the number of people residing in a household.
It dictates the kinds of goods and services that firms produce.
It determines who is hired and who is fired at the majority of businesses.
It provides the income that workers need to live and the revenue that businesses need to run.

Answers

Answer:

D) It provides the income that workers need to live and the revenue that businesses need to run.

Explanation:

Hope this helps :)

Brainliest!! How can I answer SAQ part B and C for asian tigers? What would be a good SAQ answer for B for Japan ? Please answer so I have an idea.

Answers

Answer:

I can't open the file or I can't see the file

Explanation:

Complete the table with statements about the Federalist and the Anti-Federalist positions on each issue (one to three statements for each issue). Use the websites listed to find information, or look for your own sources. You might also want to go back and refer to the lessons in this unit for additional information.

Debated Issue Federalists Anti-Federalists
Bill of Rights They opposed a bill of rights in the Constitution because they thought the state constitutions guaranteed individual rights. They agreed to add the Bill of Rights as a condition of ratification. They believed that a bill of rights needed to be in the Constitution to guarantee that the new federal government would not take away those rights. They successfully campaigned to have the Bill of Rights added to the Constitution after ratification.
state sovereignty
presidential power
political corruption
taxation



The Federalist Papers

The Debate between the Federalists and the Antifederalists

Federalist-Antifederalist Debates

Antifederalists

Constitution of the United States

Answers

The Federalists & Anti-Federalists were the interest group that offered their views on the ratification of constitution and creation of stronger central government.

Who are the Federalists & Anti-Federalists?

The Federalists means the people that supported the creation of a stronger federal government and ratification of the 1787 Constitution while the Anti-Federalists meant people that opposed the adoption of the U.S. Constitution.

The Anti-Federalists opposed a bill of rights in the Constitution because they thought the state constitutions guaranteed individual right.

The Federalists agreed to add the Bill of Rights as a condition of ratification.

The Anti-Federalists believed that a bill of rights needed to be in the Constitution to guarantee that the new federal government would not take away those rights.

The Federalists successfully campaigned to have the Bill of Rights added to the Constitution after ratification.

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Question 23 (2 points) 15 Why did the British want to take over Bunker Hill and Breed's Hill? 18 The British were trying to blockade the city of Boston 21 The British wanted to mine for gold in Bunker Hill They wanted to control lands (high points) around Boston 24 They wanted to scare the American militias to become loyal British citizens again​

Answers

Answer:

The British were trying to keep control of the city and control its valuable seaport.

Answer:

Explanation:The British were trying to keep control of the city and control its valuable seaport.

What was the purpose of Grievances

Answers

Answer:

An effective grievance procedure provides employees with a mechanism to resolve issues of concern. The grievance procedure may also help employers correct issues before they become serious issues or result in litigation.

Explanation:

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when consumers take out loans, they must agree to pay them back

Answers

Answer:

Explanation:

if you borrow that must be paid back with interest. In most cases, you must repay your loans even if you don't complete your degree

an insurance premium is?

Answers

Answer:

I will give you an example

If your car insurance premium is $800 per year, you must pay your insurer $800 per year to have the insurance. if your car insurance has a $100 deductible on collision, and you have collision damage of $500, you will have to pay $100 of the damage and your insurer covers the remaining $400

use the map to examine the physical characteristics of Sparta and Athens. because of its location, which city state would have an advantage over the other in time of War?​

Answers

Athens due to the mountains surrounding the city allowing them to see if an attack is coming.

Athens had the most powerful navy and received food and supplies from allies by boat. They controlled the seas and could attack and raid Sparta's coastal allies.

What are the  characteristics of Sparta and Athens ?

Based solely on the map, Athens appears to have a stronger army because it has more land in different areas: their territory is more dispersed than Sparta's. For example, Athenian territory is closer to the Persian Empire than Spartan territory.

Athenians valued art, culture, and education. Spartans valued strength, simplicity, and military prowess. Government Athens was a democracy, but only free men could participate in it. Sparta's primary function was military.

Sparta was a closed society, whereas Athens was an open one. Athens was a democratic city-state.Sparta was ruled by a small group of people. There were numerous distinctions. A war broke out between Athens and Sparta in 431 BCE.

Learn more about Athens Empire here

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