When they first start out, most small entrepreneurial ventures have a very informal organizational structure.

Name: When they first start out, most small entrepreneurial ventures have a very informal organizational structure.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This is because small entrepreneurial ventures usually have limited resources, few employees, and a flat hierarchy. As the venture grows, the organizational structure may become more formalized and hierarchical.

When They First Start Out, Most Small Entrepreneurial Ventures Have