Author Question: What types of problems may a business face if it grows too quickly? What will be an ideal ... (Read 49 times)

leilurhhh

  • Hero Member
  • *****
  • Posts: 560
What types of problems may a business face if it grows too quickly?
 
  What will be an ideal response?

Question 2

The HR department is responsible for facilitating the process of helping employees and managers to work effectively with people who are different from them.
 
  Indicate whether the statement is true or false



chjcharjto14

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

A business that grows too quickly may experience a number of problems. The company may experience a cash flow crisis if it spends most of its available cash on expansion and has difficulty meeting obligations to creditors. Employees are likely to experience stress from rapid changes. Accounting and information systems that worked well when the firm was smaller must be replaced with more complicated and sophisticated systems. Current personnel may not be capable of operating these systems, and information may not be available when it is needed. Finally, management may no longer be competent to manage a larger or more diverse portfolio of business units or product lines.

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

For a complete list of videos, visit our video library