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Business growth
Why do businesses strive for growth?
Businesses strive for growth to increase profitability, expand market share, achieve economies of scale, attract investment, enhance competitiveness, seize new opportunities, and create value for stakeholders. Growth is often a key objective for long-term sustainability and success.
What is organic growth and how does it occur?
Organic growth refers to a company's expansion through internal means, such as increasing sales, expanding market share, launching new products or services, or entering new markets. It occurs by leveraging existing resources, capabilities, and customer base to achieve sustainable growth without relying on mergers or acquisitions.
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