Question: please repky fast please reply fast 11:44 By the mid 1990's, Todd's gym business was a hit; it was financially sustainable, achieving an average annual
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11:44 By the mid 1990's, Todd's gym business was a hit; it was financially sustainable, achieving an average annual growth of 15% in profitability, and was well known around town. In 1999, Todd received an offer to purchase his gym business that was significantly higher than what he thought the business was worth. He decided to accept the offer and sold the business. With the money from the sale of the gym business, Todd was able to pay off all of his existing business debt and pursue his dream to open a large, full size, free-standing martial arts training gym. In 2000, Todd was preparing to open his first full size martial arts gym. While he still wanted to spend at least half of his time training clients and teaching classes, as owner, Todd also became the facility's general manager, responsible for over-seeing all of the functions of the business. Three weeks before opening, Todd hired all of his staff, including: > 2 front desk staff: > 2 assistant managers: > facilit maintenance stoff III 11:44 Scenario As a fresh grad out of business School in the early 1990's, Todd took out a loan to purchase a small gym space that he ran on his own as a sole proprietor. Todd offered moderately priced up-scale personal training services and specialized training for martial artists. Martial arts was his true passion In the early days, Todd had no staff; he was responsible for all functions of the business. He would spend his days cleaning the gym, training clients, repairing and replacing equipment as needed, getting the word out about his business, and sourcing new connections with martial arts schools. Occasionally, if a larger martial arts school wanted to train with him, one of Todd's taekwondo friends would volunteer to help teach the specialized classes. By the end of his first summer in business, Todd's gym had become a local hit, and he was able to hire a regular staff person to help train clients. III 1. Design a structure using the four major aspects identified (span of control, centralization, formalization, and departmentalization). 2. Confirm if the structure is mechanistic or organic. 3. Identify which of the four influential factors (size, strategy, environment, technology) that you considered in your design choice and explain why Step by Step Solution
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