Author Question: What types of problems may a business face if it grows too quickly? What will be an ideal ... (Read 43 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?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

For a complete list of videos, visit our video library