In Designing the Organization

question 43

Multiple Choice

In designing the organization: 

• A) the initial design is usually complicated.
• B) poor design is a significant cause for business failure since the entrepreneur often performs all organization functions themselves.
• C) the entrepreneur easily transitions from a growing start-up to a growing, well-managed business.
• D) as the workload increases the organizational structure will contract.

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Definitions:

Brand Communities

Groups of customers and enthusiasts who are devoted to a specific brand and its products, often engaging with each other and the brand in social settings.

Social Networks

Platforms that allow users to build social relationships with others who share similar personal or career interests, activities, backgrounds, or real-life connections.

Businesses

Organizations engaged in commercial, industrial, or professional activities, aiming to generate profits.

Professionals

Individuals who possess specialized knowledge and skills in a particular field and adhere to its standards and ethics.