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All organizations pass through various stages of organizational development. There are significant differences between an entrepreneurship and a professionally managed organization, and there are important steps to make the transition between these major growth stages. Chapter 3 (p. 65) presents a case study of a company, 99 Cents Only Stores, from its inception as a new venture through its transition to become an entrepreneurially oriented, professionally managed organization.
Using the “99 Cents Only Stores” case study, write a 3–4 page paper (not including title page), in which you discuss the company transition from Stages I through IV. To do so:
Analyze how the needs of the company prompted the transition at each stage.
Evaluate how management facilitated the transition between stages.
Evaluate how one success and one area of improvement impact each stage of transition.
Justify which stage of organizational growth was most challenging with relevant examples.