Corporate development stages

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Reference no: EM1378184

I have discovered many sites that discuss the ten stages of corporate development, but the stages have names. My professor only offers four. They are Stages 1, 2, 3 and 4. Following are the questions:

1. Objectives which are personal and subjective and are typified by an entrepreneurial spirit describe what stage? Stage 1?

2. A corporation run by a team of managers with functional specializations and which successfully operates in one industry describes what stage? Stage 2?

3. A corporation typically decentralizes into profit or investment centers in what stage? Stage 3?

If the above are correct, what is stage 4? A large bureaucracy that needs restructuring with a turnaround strategy of some sort?

Reference no: EM1378184

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