1.3 Life Cycle Flashcards

1
Q

life cycle perspective

A

Pattern of predictable change through which the organisation moves from start to finish

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2
Q

first stage when there is high creativity

A

entrepreneurial stage

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3
Q

second stage when your survival chances are increased

A

collectivity stage

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4
Q

third stage

A

formalization and control stage

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5
Q

forth stage, hints if crisis and problems

A

elaboration of structure stage a need to search for growth opportunities

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6
Q

last stage

A

decline stage

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7
Q

what can effect the decline stage

A

result of competition, poor management, fashion changes

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