Question

Lerato owns a fast-growing bakery chain, Sweet Delights. As her business expands, she needs to ensure there is enough capital to open new locations, invest in better equipment, and increase production while maintaining profitability. She also wants to ensure that investors receive returns and that her company remains financially stable in the long run. To achieve these goals, she must develop a plan that balances raising funds, spending wisely, and ensuring sustainable growth.

Which type of strategy is demonstrated in the scenario?

A.
Marketing strategy



B.
Financial strategy

C.
Customer service strategy

D.
Operational strategy

Answer 1

The scenario described primarily focuses on Lerato's need to ensure sufficient capital for expansion, wise spending, maintaining profitability, and ensuring sustainable growth for her bakery chain. This involves managing finances, investing in equipment, and providing returns to investors.

Given these elements, the correct answer is:

**B. Financial strategy**