Chris McTigrit, MBA
Master of Business Administration, University of Arkansas at Little Rock
Chris McTigrit is an Accounting Professional. Chris has over 20 years of accounting experience including working for the Arkansas Department of Finance and Administration. He received his MBA from the University of Arkansas at Little Rock in 2007.
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Q&A Comments (3)
What is the model of the above steps?
The above steps are part of a Business Process Model using sequential modeling.
How do you determine a small enterprises' growth that doesn't keep formal records of its operation?
The enterprise must keep records in order to track performance and growth. The records need not be something formal like a corporate annual report, but must be systematic, consistent, and accurate. For a small business, you could keep track of your sales in a handwritten notebook and use that to determine growth.
Can I use the employment level of a given firm as a growth measure?
Yes, you can. This is the same as workforce growth under operational growth above.
