Chandler Found That Firms Tend to Grow in Somewhat Predictable

question 2

True/False

Chandler found that firms tend to grow in somewhat predictable patterns, first by volume, then by geography, next integration and finally through product and business diversification.

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Definitions:

Coordinating Mechanisms

Methods or systems used to integrate activities across different parts of an organization, ensuring effective and efficient operations.

Supervisors

Individuals in an organization responsible for overseeing and guiding the work and performance of employees or a team.

Divisionalized Structures

Refers to an organizational framework where operations are segregated based on divisions, each focusing on a specific product line or market sector.

Geographically Based

Pertaining to, or determined by, geographic locations or areas, often used in contexts relating to distribution or organization by place.