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Stage III in the organizational life cycle is the: A) Birth stage
Stage III in the organizational life cycle is the:
A) Birth stage.
B) Growth stage.
C) Maturity stage.
D) Decline stage.
E) Death stage.
Expert Solution
The correct answer is: C) Maturity stage.
Any business organization will follow the following stages in its life cycle.
- Birth stage
- Growth stage
- Maturity stage
- Decline stage and,
- Death stage
The third stage in this cycle is maturity stage.
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