HRM 3430 Chapter Notes - Chapter 1: Small Business

• School: York University
• Department: Human Resources Management
• Course: HRM 3430
• Professor: Althea Gordon

Document Summary

There are many organizations, businesses as well as companies that may not have growth as their number one choice and main priority. Growth is great but it"s not fixed or guaranteed. An organization is not promised how much they will grow. Maybe it will be a lot or maybe a little bit. You can say the same about a little bit of growth. Think about what a rollercoaster ride this would be. Some businesses/companies may be willing to take this risk. Small business owners don"t have this kind of luxury because it can potentially put them out of business which is why they would rather choose stability and maintain status quo. Their goal, focus and priority is not to continuously expand more and more. The small business owner needs stability and reassurance.