Asked by Christopher Thomas on May 19, 2024
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Connie's consulting business has grown steadily over the course of four years. However, Connie recently has found that some of the jobs are not being completed on time, and there is more stress due to a greater reliance on partners and employees. Connie is most likely experiencing which of these?
A) owner's fatigue
B) growing pains
C) exit strategy issues
D) resource maturity
Owner's Fatigue
A state of physical and mental exhaustion experienced by business owners, often due to the overwhelming responsibilities of running a business.
Growing Pains
Challenges and difficulties experienced by a business or organization as it expands.
Exit Strategy
A planned approach to liquidating a position in a financial asset or disposing of a business investment, usually aimed at minimizing losses or maximizing gains.
- Recognize the stages of business growth and the challenges associated with each stage.
Verified Answer
Learning Objectives
- Recognize the stages of business growth and the challenges associated with each stage.
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