Learning from mistakes is more important than focusing on accelerated business growth. According to management accountants, every new business has a break-even period. It’s the phase where the revenue is more significant than your business’ running costs and loans. By trying to grow too fast, ...
Full size image Institutional theory explains how social structures have been established through rules and norms, where social behaviour is driven through authoritative guidelines (Scott, 2004). This theory describes key concepts such as legitimacy and isomorphism. Legitimacy in a sustainable business con...