Is the quality of management likely to be relatively uniform in all types of small businesses? If not, what might account for differences?
Answer to relevant QuestionsWhat are the four stages of small business growth,as outlined in this chapter? How do management requirements change as the firm moves through these stages?What type of small firm might effectively use a line organization? When might it be necessary to change the firm’s structure? To what type of structure? Why?What factor or factors would make you cautious about going to work for a small business? Could these reasons for hesitation be overcome? How?1. With the information available at this point, do you think Gomez should hire Mr. Perfect? How much weight should be given to the fact that he doesn’t, for example, have a driver’s license?2. How important are ...Explain the meaning of the terms lean production and synchronous management. How are these relevant to operations in a small company?
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