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 Otherwise you run the risk of making business decisions based on out-of-date information, which can lead to business failure.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

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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negative effects of fire arms trafficking​

Answers

Answer: Some negative effects are that if you don't have a permit, you could get caught and sentenced to jail for a minimum of 6 years. Other negative effects are things such as the direct costs associated with fatalities and injuries are manifold. And at the macro-level, there are financial costs to the State, such as health and social care costs, the costs to the criminal justice and penal systems, and the economic impact of lost productivity. Many people have already been fatally wounded or killed due to firearm trafficking.

Heeeeeeeeeeeeeeeeeeelp! Sixth grade K12:

Which statements correctly describe the religious beliefs of the early Chinese?


Select all correct answers.



a; The dragon would protect the emperor whether or not the emperor ruled wisely.



b; The Chinese believed in one god.



c; They practiced ancestor worship because they believed their ancestors took an interest in the affairs of the family.



d; The dragon was an all-powerful and kind god.



f; The rivers, mountains, and forests were alive with spirits.



h; They believed in an afterlife.

Answers

I think A) is right.
C)-see Mulan, lots of ancestor worship.
F)-they believed in lots of spirits.
H)-the beloved in a heaven.

Abolitionist rallies often featured formerly enslaved speakers such as _____.

A.
William Lloyd Garrison
B.
Sojourner Truth
C.
Nat Turner
D.
Elizabeth Cady Stanton

Answers

Anwser:B
Explained by sojourn

What year did Columbus discover America? (EASY)

Answers

Answer:

1492

Explanation:

Answer:The Year 1492

Explanation:Columbus discovered America on the year 1492 when he thought he was traveling to India but landed on the land of America.

as people begin to live in larger groups, what is likely to develop

Answers

Answer:

A relationship, leadership, communication skills, rules, friendships, families, communities, boundaries, and more.

Explanation:

which modern country was Akkad located?durinnfdvthr

Answers

Akkad, ancient region in what is now central Iraq. Akkad was the northern (or northwestern) division of ancient Babylonia.

Answer:

central Iraq

Explanation:

Akkad, ancient region in what is now central Iraq. Akkad was the northern (or northwestern) division of ancient Babylonia.

answer in a paragraph using quotes

Pick one of the laws in the reading (Division of Things or Theft) and explain how that law works. Once you have done that, explain why you think these laws are so specific about the situations they cover.​

Answers

Answer:

D

Explanation:

8) Which of these is one of the ways the media is able to to predict the winners and losers of an election on election day?
A) exit polls
B) canvassing
proposition
D) plurality voting

Answers

The media can predict the losers and winners of an election on election day through exit polls.

We can arrive at this answer because:

Exit polls are the action of asking people who they voted for as they leave the polling station.It is very common for media outlets to exit polls on election day, managing to have a small preview of the possible winners.As the results of an election are often delayed, media outlets exit polls to allow voters to get a sense of who is leading the voting options.

Although exit polls are efficient, their results are not completely accurate, as they do not interview all voters and there is no proof of their results.

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What problems did returning migrants face in the Caribbean in the 1900s?

Answers

Answer:

Immediate concerns faced by such migrant workers relate to food, shelter, healthcare, fear of getting infected or spreading the infection, loss of wages, concerns about the family, anxiety and fear. Sometimes, they also face harassment and negative reactions of the local community.

Explanation:

Write an essay about your experience or witnessing of discrimination.

Answers

Answer:

There are many different kinds of bias in the world. I thought that there is no discrimination before I actually had discrimination. I have felt discrimination many times in my life. Most of my experiences are from when I visited the U.S. Before my experiences, I thought Westerners, especially Americans, think about discrimination more than Japanese or other Asians. However, this is not true. I am going to talk about my experiences with race discrimination and language discrimination in my essay.

Firstly, I experienced race discrimination for the first time because I am Japanese. When I visited Utah, I stayed at a hotel. There was big hot pool that every guest can use. My mother and I went there, and one old lady already there. She saw us, and she said" They are Jap so they shouldn't be here." I was shocked, because we paid the same cost as her. And also we were guests of the hotel. If she dose not like Japanese that is not our problem. She just should not be mixed up about Japanese or Japan.

Secondly, I have an experience about language discrimination, because I could not speak English well. This was the first time that I was cheated by someone. When I visited Hawaii I went to a small shop. I bought magnets that totaled about 18 dollars. However, the cashier said that the total was more than 30 dollars. Therefore, I paid the charge. At that time, I could not speak English, so I just paid. After I got back to my hotel, I asked my uncle and he said, "the casher knew that you can not speak English, so they got extra money from you." I was very angry, because I thought I was mocked by whites. I know in Japan there is language discrimination, too, but we can not speak another language so we just ignore them. I know it makes them sad and uncomfortable. However, we do not cheat them. I know that different languages are difficult. Therefore, I think it is difficult to eliminate language discrimination. However, cheating is not good. Nobody should cheat others with language discrimination.

Finally, I thought, that all races are equal before I felt discrimination. I thought that everyone thinks everyone must treat equally. However, some people are still treat differently. I think we must treat everyone equally even thought people speak different languages or have different colors of skin. In Japan there is discrimination often, but we do not think about it seriously. We should think about it more. If everyone think about it more seriously, discrimination will slowly disappear. I think that nobody should be hurt by any kind of discrimination.

Explanation:

Why did Christianity decline in Europe after 1675?

Answers

Answer:

religious tolerance and secular humanism

Explanation:

it means that it harm the religous culture ,

which of the following is an essentail principle of historical methodology?
(A) giving primacy to secondary than primary source
(B) disregarding all sources that have bias in them
(C) corroborating primary source with secondary sources
(D) establishing the authenticity of historical documents​

Answers

I will say, A or maybe C

give me a good treasure​

Answers

The LORD will open to you His good treasure, the heavens, to give the rain to your land in its season, and to bless all the work of your hand. You shall lend to many nations, but you shall not borrow.

have a great day

God bless you

What were some major events that led to the Voting Acts of 1965?( in a pargraph please)

Answers

Answer:

In response to the murder of voting-rights activists in Mississippi and the assault by state troopers on nonviolent demonstrators in Selma, Alabama, President Johnson and Congress were convinced to enact comprehensive and effective national voting-rights legislation, which became law in 1965.

Explanation:

Hope it helps:)

Whom is Swift criticizing in this passage?

Answers

Answer:

Wealthy people who exploit the poor.

Explanation:

Answer:

wealthy people who exploit the poor

Explanation:

This is the question ill give brainliest

Answers

Answer:

Explanation:i think one

Lack of standard uniform

The first recorded Abrahamic religion was

A) Judaism
B) Christianity
C) Islam
D) Hinduism

Answers

Answer:judaism

Explanation: The jews were a people before the other religions were made.

answer: judaism

ex: jews were the first to have made a convenant with god

why do scientist believe that there is a hole in the ozone layer​

Answers

Answer:

manufactured chemicals

Explanation:

NASA scientists used satellite data from the Total Ozone Mapping Spectrometer (TOMS) and the Solar Backscatter Ultraviolet (SBUV) instrument

Can you tell me when ______ ?

Answers

did i ask :o




step-by-step explanation:

Why was Jan Van Hardeveld heading to Panama in 1905?

Answers

There was plans to make the Panama Canal and he wanted to assist. He and his wife had dreamed of making history and becoming successful and he believed this was the way to do it.

what is developmental theory?

Answers

Answer:Developmental theories present systematic ways of thinking about how human beings grow from babies to adolescents to adults to elderly people, and the various changes they undergo as they make this passage.

Explanation:

In a live production of the story, which stage direction would be
the MOST significant to the development of the action onstage?
thing
[Coming over very slowly.]
O
B В.
[Cecily begins to write in her diary.]
С
[Shaking her head.]
O
D
[Miss Prism discovered seated at the table.]

Answers

Answer:

I think B is the answer to the question

Which of the following types of information is usually included in a letter to the editor?
where the writer lives
O how the writer voted in the last election
what other newspapers the writer reads
where the writer grew up
A
1
2
3
4
5
6
7
8
0)
10

Answers

Answer: WHERE THE WRITER LIVES

Explanation: I just took the test, choose the other answer the person said and it was wrong

The information usually included in a letter to the editor includes where the writer lives. Thus the correct option is A.

What is the objective of the letter to the editor?

An objective of a letter written to the editor is to pay attention to any rising issue which is a matter of concern for the people and ask for their help to improve the situation.

A letter to the editor provides opportunities to the people about the newspaper content published daily and their feedback for the same. It alos includes providing information about current challenges and request to publish it so higher authorities can take action against it.

These opportunity helps an individual to participate in the well-being of their city and act as ideal citizen by highlighting their weakness and working for improvement and strategies plan to bring development.

Therefore, option A is appropriate.

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Which key details should be included in a paraphrase of this passage? Select two options.

A shipmate cried out three times for each life lost.
Six men from each ship lost their lives at Cicones.
The ships pulled away from shore during the evening.
The men were greatly saddened by the loss of their friends.
Many of Odysseus’s men did not escape with their lives

Answers

The key details that should be included in a paraphrase of the passage includes:

D. The men were greatly saddened by the loss of their friends.E. Many of Odysseus's men did not escape with their lives

What is a paraphrase?

A paraphrase refers to the act of rewriting a passage without altering the original meaning.

Hence, the statement "the men were greatly saddened by the loss of their friends" and "Many of Odysseus's men did not escape with their lives" should be included.

Therefore, the Option D and E is correct.

Read more about paraphrase

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Answer:

The asnwer is D and E

Explanation:

What role did cotton production and slavery play in the South's economic and social development? What was the impact of slavery on African Americans, both free and enslaved, throughout the South? g

Answers

Answer:

Cotton transformed the United States, making fertile land in the Deep South, from Georgia to Texas, extraordinarily valuable. Growing more cotton meant an increased demand for slaves. Slaves in the Upper South became incredibly more valuable as commodities because of this demand for them in the Deep South.

Explanation: hope this helps

Answer:

.

Explanation:

1. A garden tool with
curved blade used for
loosening ground and
taking up small plants. *
A. Bolo
B. Rake
C. Shovel
D. Trowel

Answers

C is the answer because it is so ya

Answer:

It is a trowel

Explanation:

According to Emperor Meiji, how could Japan become a global power?

by emphasizing Japanese culture
by learning from the West
by reviving ancient traditions
by isolating itself from the world

Answers

Answer:

B learning from the west

Explanation:

on edge 2021

70 points for whoever can help me.
so i started time4learning on 2nd quarter, do i start half way or should i start from the beginning?

Answers

Answer:

Keep going

Explanation:

Which of the following events contributed to the start of the modern era

Answers

Answer:

Correct answer is c

Explanation:

The "modern era" in history was introduced by the Scientific Revolution and the Enlightenment, so from around 1500 to early 1800s.

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