BSM Final Exam with Correct Answers 100% Verified and Graded A+ 2025

BSM Final Exam with Correct Answers 100% Verified and Graded A+ 2025 What is a Growth stage of a business? - Correct Answer - After a successful start-up; multiple opportunities available; recognition that there are more orders, revenue, customers; decisions not based on survival. - "When it stresses people or processes. Then you have to upgrade or add more people and processes" Issues faced by a business in Growth stage? - Correct Answer Risks. People, processes, prioritizations, pace, and imitation. What pitfalls can there be within the growth stage? - Correct Answer Marketing, finance, team/structure, and operations. How long can a business stay in the growth phase? - Correct Answer A business can stay in this phase indefinitely, some would maybe even like to stay in this phase... growth is not linear. Stage 1 to Stage 2 key issues - Correct Answer move from viability (1) to getting more resources for growth (2) Stage 1 to Stage 2 top management - Correct Answer mircro manage (directly) to direction or delegation (2) Stage 1 to Stage 2 Mgt style - Correct Answer Individualistic (personal) to coordination Stage 1 to Stage 2 Organizational Structure - Correct Answer Unstructured to functional Stage 1 to Stage 2 product or market research - Correct Answer Instinct (1) to mainly improving existing products, scaling and some developing and researching new products (2)