1.3 Life Cycle Flashcards
1
Q
life cycle perspective
A
Pattern of predictable change through which the organisation moves from start to finish
2
Q
first stage when there is high creativity
A
entrepreneurial stage
3
Q
second stage when your survival chances are increased
A
collectivity stage
4
Q
third stage
A
formalization and control stage
5
Q
forth stage, hints if crisis and problems
A
elaboration of structure stage a need to search for growth opportunities
6
Q
last stage
A
decline stage
7
Q
what can effect the decline stage
A
result of competition, poor management, fashion changes