BUSN100_Week3_Assignment.pptx - The Four Stages of Growth...

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The Four Stages of Growth in a Business OrganizationThe role of ethics in the business environment
Organizational stages of growth As an organization grows, it generally progresses through four stages of increasingly formal management structures (McCubbrey, 2009).
Stage 1:In a one-person operation, the owner does everything: sales, bookkeeping, marketing, production and so on. Many firms remain one-person operations indefinitely due to the owner's family obligations, financial constraints, or contentment with the status quo (McCubbrey, 2009).
Stage 2: As more people join an organization, the business owner becomes a player-coach. The entrepreneur continues to perform day-to-day tasks, but along with other employees. So the owner assumes additional employee management duties such as hiring, scheduling, supervising, and payroll (McCubbrey, 2009).
Stage 3:Firms reach a major milestone in organizational development when they add an additional level of supervision.

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