Contrary to the aforementioned notion, the entrepreneur should not choose the legal structure of the new business before requesting venture financing.
The answer is false.
The managerial role of organization, which comes after planning, entails task assignment, task grouping into departments, authority assignment with appropriate accountability, and resource allocation from across organization to achieve shared goals.
The management is defined as “ of organizing entails creating a organizational structure and assigning human resources to guarantee the achievement of goals. A framework for organizing effort is the organizational structure.
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