Answer:
The correct answer is: Growth requires developing a formal structure to function efficiently.
Explanation:
Successful small businesses might be required to expand at a certain point in operations as a result of increasing demand. In such cases, owners of the organizations should establish a formal structure because the hierarchy of most small businesses only includes the owner and the employees. However, more personnel is to be hired in front of expansions which implies adding layers in the business hierarchy and units as much as necessary to handle operations on a large scale.