The Main Challenges for a Business in the Introduction Stage

question 52

Multiple Choice

The main challenges for a business in the introduction stage of the organizational life cycle is ________.

• A) beginning the process of transitioning the owner from a hands-on supervisor to a more managerial role and developing business partnerships
• B) developing business partnerships and making sure the initial product or service is right
• C) determining whether the owner of the business and the current management team is capable of taking the business further and developing systems and procedures
• D) developing systems and procedures and beginning the process of transitioning the owner from a hands-on supervisor to a more managerial role
• E) making sure the initial product or service is right and starting to lay the groundwork for building a larger organization

---

Definitions:

Activation-Synthesis Hypothesis

A theory proposing that dreams result from the cerebral cortex’s attempt to make sense of random neural signals generated during REM sleep.

Meaningless

Something that lacks purpose, value, or significance in any given context.

Bizarre

Unusual, strange, or oddly fascinating, often departing significantly from what is considered normal.

Endorphin Production

The process by which the body generates endorphins, which are natural pain relievers and happiness boosters.