Logically sequence the following stages in the organisational life cycle of a business firm:

A. Expansion

B. Survival

C. Consolidation

D. Start-up

E. Decline

Choose the correct answer from the options given below:

1
D, A, C, B, E
2
B, C, A, D, E
3
D, B, C, A, E
4
D, B, A, C, E

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