What Type of Organizational Structure Should Entrepreneurial Ventures Use?
The choice of an appropriate organizational structure is also an important decision when organizing an entrepreneurial venture. At some point, successful entrepreneurs find that they can’t do everything. They need people. The entrepreneur must then decide on the most appropriate structural arrangement for effectively and efficiently carrying out the organization’s activities. Without a suitable type of organizational structure, an entrepreneurial venture may soon find itself in a chaotic situation.
In many small firms, the organizational structure tends to evolve with very little intentional and deliberate planning by the entrepreneur. For the most part, the structure ...
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