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<p>development. He traced the evolution of a firm from "Stage I" with a single product (or line of products) to "Stage 3" with multiple <a href="page.php?w=line_of_business">lines of business</a>, markets and channels. Following this work, <a href="page.php?w=Leonard_Wrigley">Leonard Wrigley</a> and Richard Rumelt developed ways of classifying company structures and comparing their strategies. They identified four different operating models:<br/>
# Single line of business firms, where most revenue comes from a single activity;<br/>
# Related businesses</p><p>
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