What would the life cycle be in a daycare center? This is for Orginazation Theory.
Below is a critical life-cycle of a daycare center for children –
1. Enterpreneurial setting – The center establishes as an enterpreneurial setting with a business and operation model in place.
2. Development – The center develops through increased marketing communications and word-of-mouth publicity.
3. Formalization – The center formalizes its structural setting and the operations continue in a normal pace with the business slowly expanding.