I have found several sites that discuss the 10 stages of corporate development, but the stages have names. My professor only offers four. They are Stages 1, 2, 3 and 4. Following are the questions:
1) Ojectives which are personal and subjective and are typified by an entrepreneurial spirit describe what stage? Stage 1?
2) A corporation run by a team of managers with functional specializations and which successfully operates in one industry describes what stage? Stage 2?
3) A corporation typically decentralizes into profit or investment centers in what stage? Stage 3?
If the above are correct, what is stage 4? A large bureacracy that needs restructuring with a turnaround strategy of some sort?