n NISM Certifications
XV NISM Series XV
Medium

A business, once it reaches its Matured Stage, ______________.

Practice question from NISM XV Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    will again re-enter the growth phase

  2. may decline and die or it can reinvent itself and revive the business

    Correct answer

  3. C

    will reinvent itself and revive the business

  4. D

    will eventually decline and die

Why this is the answer

At maturity, growth slows and the business may either decline or reinvent itself through innovation.

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