respond to The organizational life cycle has 5 stages (Wheelen, Hunger, Hoffman, & Bamford, 2018). This 5-stage life cycle helps organizations grow, develop, and decline (Wheelen, Hunger, Hoffman, & Bamford, 2018). Stage I is birth, stage II is growth, stage III is maturity, stage IV is decline, and stage V is death (Wheelen, Hunger, Hoffman, & Bamford, 2018). The coffee chain Starbucks has been through the birth, growth, and is currently in the maturity organizational life cycle stage. "This industry is in a mature stage with a medium level concentration" (Geereddy, 2023). I also see Starbucks going into the growth stage as well. According to Starbucks they plan to have 45,000 stores by the end of 2025 and according to their data they are on track to have 55,000 stores by 2030 (Starbucks, 2022). The company also expects global revenue growth between 10% to 12% from 2023 to 2025 (Starbucks, 2022). The company's previous range was 8% to 10% (Starbucks, 2022)