Entrepreneurship to professionally managed firm

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Discuss the organizational characteristics that arise during the four (4) stages of organizational growth. When comparing the characteristics of a company in Stage I with those of the same company in Stage IV (after years of steady growth), is anything important lost? Explain.

Discuss the key steps in the process of making the transition from an entrepreneurship to a professionally managed firm. Of the key steps in this process, which is the most difficult? Why?

Reference no: EM132196514

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