Exercise your Knowledge

Exercise Your Knowledge

1) What is one advantage of business expansion?

a) Attracting new customers.Feedback: Correct! Business expansion allows a company to attract clients interested in its products, expanding its customer base and increasing revenue.

b) Shortage of cash and investment.Feedback: Incorrect! This is mentioned as a disadvantage of business expansion, as it requires a significant financial investment.

c) Loss of control.Feedback: Incorrect! This is mentioned as a disadvantage when a company expands into new markets, as owners may experience a loss of control.

d) Compromised productivity and quality.Feedback: Incorrect! This is mentioned as a potential disadvantage due to the expansion of a business into multiple markets, as it may result in compromised productivity and quality.

Parabéns! Respostas enviadas. Aguarde.

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