Homework
Length: 700 to 1,050 words.
Starting a business is a risky endeavor, but staying in business can be just as challenging. As the entrepreneurial firm grows beyond founding, it needs to ensure its organization is capable of managing growth. We have outlined a driving forces model that integrates leadership, opportunity domain, and resources and capabilities-and has execution at the core. The entrepreneur should understand and anticipate the challenges associated with building and managing a growing organization at different stages, prepare the organization to execute effectively at each point, and set the stage for a healthy future.
Identify three companies that have experienced successful, rapid growth in your industry. Study their Websites and search for articles about the companies.
Address the following questions:
i. Can you discern their strategic focuses early in their growth cycles?
ii. What are the core areas that they are leveraging?
iii. How do their growth strategies change later in their lives?
iv. What are some peripheral markets/customers they are going for?
v. Have they grown by acquisition? How has that worked out?
Format your homework according to the following formatting requirements:
i) The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
ii) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
iii) Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.