Concept of organizational lifecycle is not linear process

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Reference no: EM133621992

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The concept of organizational lifecycle is not a linear process, and companies can cycle through different stages more than once. However, the ideal lifecycle for any organization should allow for consistent growth, adaptability to market changes, and long-term sustainability. Business leaders must understand the different stages of the lifecycle to make informed decisions that can guide the organization toward success.

Reference no: EM133621992

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