Many Entrepreneurs Find That as They Grow They Need to Change

question 55

True/False

Many entrepreneurs find that as they grow they need to change their management style.

---

Definitions:

Groupthink

A psychological phenomenon that occurs within a group of people, in which the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.

Volunteering

The act of offering one's time and services to a cause or organization without the expectation of financial compensation.

Structural Functionalism

A sociological paradigm that views society as a complex system whose parts work together to promote solidarity and stability through social institutions.

McDonaldization

George Ritzer’s term describing the spread of bureaucratic rationalization and the accompanying increases in efficiency and dehumanization.