Question

abeline and damon are devoted to their business, working 16-hour days to make it successful. their organization is very small and agile, focusing on new products and markets. they often share frequent and informal communication with all employees in the new company.

this is an example of what type of organizational concept?

a.) sustained success phase
b.) entrepreneurship phase
c.) survival and early success phase
d.) renewal or decline phase

Explanation:

Analyze the scenario characteristics

The scenario describes Abeline and Damon working 16-hour days in a "very small and agile" organization that focuses on "new products and markets" with "frequent and informal communication" in a "new company."

Match characteristics to organizational life cycle phases

• Entrepreneurship phase: Characterized by high energy, long hours, informal communication, a small/agile structure, and a focus on creating and marketing new products.
• Survival and early success phase: Involves formalizing some procedures as the business starts to grow and stabilize.
• Sustained success phase: Characterized by formal structures, bureaucracy, and established market share.
• Renewal or decline phase: Involves major restructuring or facing obsolescence.

The description perfectly matches the Entrepreneurship phase.

Answer:

• a.) Sustained success phase
• b.) Entrepreneurship phase (Correct answer)
• c.) Survival and early success phase
• d.) Renewal or decline phase