1. Discussion 1: "Developing Successful Stage I and Stage II Organizations." Please respond to the following:
Describe the key problems and challenges involved in building a successful new venture in Stage I.
Discuss the challenges of developing a successful Stage II organization during expansion. Why do you think that many successful Stage I firms struggle in Stage II during expansion?
2. Discussion 2: "Developing a Successful Stage III Organization." Please respond to the following:
Discuss the key problems facing an organization as it changes from an entrepreneurship to a professionally managed company in Stage III.
Describe the management systems required to transition an entrepreneurially oriented organization in Stage II to a professionally oriented organization in Stage III. Which management system do you think is most important for facilitating this transition and why?
3. Think back to a time when you had a supervisor or coworker who you believe made an unethical decision or exhibited unethical behavior. List at least two reasons why you think people are tempted to act unethically. Describe the most effective safe guards that you believe an organization can put into place to prevent unethical behavior within the organization.