Which of the following is true about organization growth stages?
A) The craft or family stage is characterized by the presence of formal policies, objectives, and structure.
B) During the entrepreneurial stage, the organization grows first at an increasing and then a decreasing rate.
C) The operations of the organization at the professional management stage generally center on one individual or a very small number of individuals and one functional area.
D) The entrepreneurial stage is the third stage of growth.
E) By the end of the third stage of growth, the professional manager evolves into an entrepreneur.

Question

Quizplus · Accepted Answer

During the entrepreneurial stage, the organization experiences rapid growth first at an increasing rate, then at a decreasing rate. The other options are incorrect as they either describe a different growth stage or provide incorrect information about a growth stage.

Which of the Following Is True About Organization Growth Stages