Corporate Growth
Corporate growth refers to the increase in a company's size, revenue, or market share over time. This growth can occur through various means, such as expanding product lines, entering new markets, or acquiring other businesses. Companies often aim for growth to enhance profitability and improve their competitive position in the industry.
There are two main types of corporate growth: organic and inorganic. Organic growth happens when a company expands its operations internally, such as by increasing sales or developing new products. In contrast, inorganic growth typically involves mergers and acquisitions, where a company buys or merges with another to quickly increase its market presence and resources.