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How can a small home-based business grow into a large enterprise?

Answer and explanation

Correct answer: By improving planning and quality and expanding the customer base

Growth requires a clear plan, consistent product or service quality and an increasing customer base. The owner can study demand, improve operations, promote the business and serve more customers as resources permit. Ignoring demand makes the product less relevant, reducing production without reason limits sales, and staying away from the market prevents learning and expansion. Hence, option A is correct.

Related tags

Business-GrowthPlanningCustomer-BaseIntroduction To EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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