Asked by Keely Messer on Apr 24, 2024
Verified
Activities that focus on refining the strategy, continuing growth and managing for success occur in the __________ stage of the life cycle of entrepreneurial organisations.
A) growth
B) birth
C) decline
D) maturity
E) breakthrough
Refining Strategy
The process of adjusting and improving a strategy to ensure it is more effective in achieving goals, considering new insights or changes.
Growth
The process of increasing in size, amount, value, or importance.
Entrepreneurial Organisations
Companies characterized by innovative practices, proactive engagement with market opportunities, and a willingness to take on risks for growth.
- Apprehend the intervals in the maturation of entrepreneurial ventures and the executive obstacles inherent at each interval.
Verified Answer
Learning Objectives
- Apprehend the intervals in the maturation of entrepreneurial ventures and the executive obstacles inherent at each interval.
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