FREE CBS Business Growth & Development Questions and Answers
Which strategy helps businesses sustain long-term development?
Correct!
Wrong!
Innovation and adaptability ensure businesses remain competitive and meet evolving customer needs.
How can businesses increase customer retention?
Correct!
Wrong!
Providing excellent customer service builds loyalty and encourages repeat business.
What is a key factor in business growth?
Correct!
Wrong!
Market expansion allows businesses to reach new customers and increase revenue streams.
What is an advantage of business partnerships in growth strategies?
Correct!
Wrong!
Strategic partnerships provide access to new markets, resources, and expertise.
How does digital transformation contribute to business growth?
Correct!
Wrong!
Leveraging digital tools improves efficiency, enhances customer experience, and drives revenue growth.
Why is financial management important for business development?
Correct!
Wrong!
Proper financial planning ensures resource allocation for growth initiatives and stability.