Stage 2 in the growth of a business is characterized by
A) a one-person operation.
B) hands-off management practices.
C) a multi-layered organization.
D) the entrepreneur as a player-coach.

Question

Quizplus · Accepted Answer

In stage 2 of a business's growth, the entrepreneur often takes on a "player-coach" role, actively involved in both the day-to-day operations and the strategic direction of the business. This stage is beyond the initial one-person operation and before the development of a multi-layered organization with hands-off management.

Stage 2 in the Growth of a Business Is Characterized