Question: ( A ) There are four ( 4 ) stages in the growth of a small business, namely, Stage 1 - One - person operation
A There are four stages in the growth of a small business, namely,
Stage Oneperson operation
Stage Immediate supervision
Stage Playercoach
Stage Formal organization
i Identify the one major challenge in stage mark
ii Identify the one major challenge in stage mark
iii As per the concept of span of control, determine the maximum number of employees not including the entrepreneur that could be managed efficiently and effectively in stage mark
iv Springing from the same concept as in iii what is the one breakthrough element that evolve a company from its being in stage to stage marks
v What would stage allow the entrepreneur to achieve as an entrepreneur and why? marks
vi What would stage allow the entrepreneur to achieve as an individual and why? marks
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
