Author Question: What types of problems may a business face if it grows too quickly? What will be an ideal ... (Read 55 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?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

For a complete list of videos, visit our video library