Question

In: Operations Management

Do you think that a firm’s decision-making methods will evolve as it grows from a small...

Do you think that a firm’s decision-making methods will evolve as it grows from a small startup into a mature company? If so, how and why? What effect is that likely to have on the company’s workforce? Its corporate culture? Is it likely to alter its effectiveness at product design? How might its emphasis change as the company matures?

Solutions

Expert Solution

Yes firms decision making are always decide the company future and market goodwill. Firm’s decision is the key factors in its success and failure.

Firm’s decision making skill is creating better business, market, customers and supply chain management. Firm’s decision making is building strong trust level among the stakeholders and government.

Firm’s decision making methods will evolve as it grows from a small startup into a mature company because of firms consistently growth, building confidence among customers, developing market size and business size.

As company will grow along with workforce because company size always based on workforce size and workforce grow proportionally to company growth. Yes step by step company will develop its own corporate culture and ethics. Yes each and every things will change along with growth of company size because company will spend on product development, product design development and product overall physical appearance.

By the experience and market control company will be become as the mature company. Company will work with set channels and always able to handle the changes in the market.


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