Activities that focus on refining the strategy, continuing growth and managing for success occur in the __________ stage of the life cycle of entrepreneurial organisations.

A) growth
B) birth
C) decline
D) maturity
E) breakthrough

Refining Strategy

The process of adjusting and improving a strategy to ensure it is more effective in achieving goals, considering new insights or changes.

Growth

The process of increasing in size, amount, value, or importance.

Entrepreneurial Organisations

Companies characterized by innovative practices, proactive engagement with market opportunities, and a willingness to take on risks for growth.