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Organization Life Cycles

Apply the concept of life cycle to an organization with which you are familiar, such as a university or a local business. What stage is the organization in now? How did the organization handle or pass through its life cycle crises?

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There are five stages in the life cycle of an organization. They are:
Stage 0 - The Aspirational Stage. In this stage, people want to start an organization or a business but they haven't fully committed yet.
Stage 1 - The Entry Stage. Now the business has officially decided to be started by the managers and entrepreneurs and they are trying to build markets or identify stakeholders.
Stage 2 - The Growth Stage. The organization has a business plan and is working hard to market the organization, to increase business, and to drive revenue ...

Solution Summary

Discusses the five stages in the life cycle of an organization. Gives examples.