Business growth
Business growth refers to the expansion of a firm's operations, typically measured by increases in revenue, sales, assets, or market share. It can occur through organic growth (internal expansion) or inorganic growth (mergers and acquisitions).
Real World
Amazon grew from an online bookshop in 1994 to a trillion-dollar conglomerate spanning cloud computing, streaming, and grocery retail, using both organic expansion and acquisitions like Whole Foods.
Exam Focus
Always distinguish organic from inorganic growth and state which measure of growth you are using — revenue, profit, or market share.
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