When a firm reaches Stage 2 (player-coach) in its growth, the entrepreneur withdraws from personal participation in production, selling, writing checks, and record keeping.

Question

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In Stage 2, the entrepreneur becomes a player-coach, meaning they still participate in production and selling while also taking on a coaching role for their employees. They may still be involved in writing checks and record keeping as well.

When a Firm Reaches Stage 2 (Player-Coach) in Its Growth