Scaling
5 practice questionsEntrepreneurshipStep-by-step solutions
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1
A business is said to scale well when:
A.Revenue grows much faster than costs as it expands
B.Costs grow faster than revenue
C.It cannot add customers
D.It must double staff for each new customer
2
Venture capital firms typically invest in startups that:
A.Have no growth potential
B.Have high growth potential, in exchange for equity
C.Are about to close
D.Are fully government-owned
3
In a startup context, 'scaling' refers to:
A.Shutting down underperforming units
B.Growing the business rapidly while controlling cost and complexity
C.Reducing the customer base
D.Weighing the product
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