Multiple Choice
Finally, Jeff and Bill's business seems well established and fairly stable. They have a well-organized management system and profits are steady. At this point in its life cycle, the business is likely to face many challenges, both internal and external. To best meet these challenges, the business should:
A) increase the levels of organizational hierarchy.
B) place more emphasis on entrepreneurial activities and less emphasis on human capital development.
C) increase centralization and standardization to improve profits.
D) balance organizational efficiency with empowerment of managers and associates.
E) increase the use of informal coordination and decision-making procedures.
Correct Answer:

Verified
Correct Answer:
Verified
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