Organization Life Cycle
The life cycle of an organization proposes that over a certain period of time, for-profit companies move through a predictable sequence of development. Life cycles have been the subject of extensive study over the years and these are linked to organizational growth and development studies. It has been found that organizations are similar to living beings because they have a pattern of developmental stages and are impacted largely by the circumstances of the internal and external environments. There are many frameworks used to determine the life cycle of an organization.…
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