Question

Scaling up of a business requires a firm to take care of following things:
(A) Hiring, retaining and motivating qualified employees
(B) Finding investors who share same goals
(C) Time management and work assignment ability
(D) Adequate market potential and opportune time
(E) Business idea experiencing
Choose the correct answer from the options given below:

• A. (A), (B), (D) and (E)
• B. (B), (C) and (D) only
• C. (A), (B), (C) and (D) only
• D. (C), (D) and (E) only

Answer 1

The Correct Option is C

Scaling up involves: 
(A) Hiring and motivating skilled employees to handle increased operations. 
(B) Securing investors who align with the firm’s vision and goals. 
(C) Effective time management to handle multiple processes efficiently. 
(D) Assessing market potential to determine the right time for scaling up. 
(E) Business idea experiencing is not directly relevant to scaling up.