business-growth

Vocabulary Word

Definition

'Business growth' is how a business gets bigger and better. It can happen in different ways, like increasing sales, expanding to new locations, hiring more employees, or launching new products.

Examples in Different Contexts

In strategic planning, 'business growth' involves expanding a company's operations, revenue, and market presence. A strategist might state, 'Our focus on innovation and customer satisfaction is driving our business growth and opening new markets.'

Practice Scenarios

Impact

Scenario:

Our sustainability initiatives are progressing well. We're considering expanding our focus on additional environmental issues.

Response:

I agree. Expanding our initiatives to more environmental issues can enhance business growth while also making a positive impact.

Business

Scenario:

The last quarter's performance surpassed expectations. We're looking to press on with this momentum.

Response:

Absolutely, keeping up the momentum is crucial for our business growth.