Assignment:
Question 1. Your company, XYZ, Inc., has been doing great during these difficult economic times. In fact, the company has grown expontially over the last 24 months, with triple sales revenues and 70% increase in employee hiring. Describe some typical problems that arise when a company experiences this kind of rapid growth? As a manager at XYZ, what obstacles and changes might you anticipate? Consider the overall organizational structure of a company in this pace of evolution. And finally, identify a company (either in the news or one that you know of) that has experienced rapid growth. What happened? Why?
Write your answer in one to two paragraphs.