A company can increase its growth rate by taking goods or services developed at home and selling them internationally. the returns from such a strategy are likely to be greater if competitors in the nations where a company enters lack comparable products.
What is Growth rate?
- Growth rates are the percentage changes in a given variable over a certain period of time.
- Growth rates are often calculated as the compounded yearly rate of growth of a company's revenues, earnings, dividends, or even macro terms like gross domestic product (GDP) and retail sales for investors.
What kind of growth rate is that?
- A growth rate that is negative indicates a decline in value.
- For instance, there were 11.9 million fewer manufacturing employment in the US in 2012 than there were in 2002, a -22.2 percent growth rate.
- A quantity's growth rate over a single year is called an annual growth rate.
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