Greiner's Model of Growth Suggests All of the Following Except

question 95

Multiple Choice

Greiner's model of growth suggests all of the following except:

• A)an organization should develop an internal labor market to resolve the crisis of red tape.
• B)an organization passes through five growth stages during the course of organizational evolution.
• C)it is possible to regress to an earlier stage of growth.
• D)an organization will enter decline if it fails to manage a crisis.

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Definitions:

Industry Concentration

Industry concentration is the degree to which a small number of firms dominate the total output, sales, or employment in an industry.

Bell-Shaped-Curve

A graphical representation of a normal distribution in statistics, where the apex represents the highest point or the mean, and the curve tapers equally on both sides.

Market Structures

The classification of markets based on the competition level and the nature of product differentiation among firms within an industry.

Retained Earnings

are the portion of a company's profits that are held back and not distributed to shareholders as dividends, often reinvested in the business.