Author Question: What is the organizational life cycle and why is it important? What will be an ideal ... (Read 74 times)

vicotolentino

  • Hero Member
  • *****
  • Posts: 552
What is the organizational life cycle and why is it important?
 
  What will be an ideal response?

Question 2

Kate Payne was reading the business plan for New Venture Fitness Drinks, and noticed that prior to its financial statements, New Venture Fitness Drinks placed an explanation of the sources of the numbers for the statements and the assumptions used to
 
  generate them. This explanation is called a(n) ________.
  A) estimate sheet
  B) hypothesis sheet
  C) assumptions sheet
  D) forecast sheet
  E) forecast hypothesis



chevyboi1976

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

The majority of businesses go through a discernable set of stages referred to as the organizational life cycle. The stages include introduction, early growth, continuous growth, maturity, and decline. It's important for business owners to be familiar with these stages, because each stage offers unique opportunities and challenges. By knowing the unique opportunities and challenges posed by each stage, a business owner can be prepared to respond appropriately.

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

For a complete list of videos, visit our video library