Organization Life Cycles
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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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Solution Summary
Discusses the five stages in the life cycle of an organization. Gives examples.
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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 ...
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