Asked by
Jacob Daniel
on Oct 09, 2024
Verified
Which stage of venture growth offers one of the most difficult challenges as new layers of management are created to enable scale?
A) The nascent stage
B) The startup stage
C) The high-growth stage
D) The mature stage
New Layers Of Management
The addition of managerial levels within an organization's structure aimed at addressing complexity and enhancing operational efficiency.
High-Growth Stage
A phase of business development characterized by rapid expansion in revenue and often customer base.
Scale
The size, extent, or level of something, often used in discussions about increasing the size or scope of business operations.
- Recognize the fundamental contrasts and characteristics unique to each stage of venture evolution.
- Acquire knowledge on acquiring expertise and building an effective management structure in new ventures.
Verified Answer
TT
Learning Objectives
- Recognize the fundamental contrasts and characteristics unique to each stage of venture evolution.
- Acquire knowledge on acquiring expertise and building an effective management structure in new ventures.
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