List and Explain the Four Stages of Growth of an Organization

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The Answer is The four stages of growth of an organization are:   Stage 1 : The one-person organization , where one person performs the three basic activities: financing, producing, and selling. Stage 2: The organization with assistants , where the owner hires assistants to help carry out the three primary activities. Stage 3: The line organization, where assistants are put in charge of major functions and the chief executive's span of management is reduced. Stage 4: The line-and-staff organization , where staff experts are hired to perform activities which assist line personnel.

List and Explain the Four Stages of Growth of an Organization

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