Up-and-companies help in in fast-growing markets

Question

How can up-and-companies help?

Answer 1

Up-and-coming companies can help their reason by:

(i) choosing well-informed members for their boards of directors, (ii) hiring entrepreneurial managers with the experience in guiding young businesses through the takeoff and start-up phases, (iii) focusing on out-innovating the competition and (iv) Integrating along with or acquiring another firm to gain a powerful resource base and extra expertise.