profitable-growth

Vocabulary Word

Definition

'Profitable growth' is when a business not only expands (growth) but makes more money (profit) because of it. It's like a store opening more locations and making more sales.

Examples in Different Contexts

In corporate strategy, 'profitable growth' is a key goal. A CFO might explain, 'Our focus is on profitable growth by exploring new markets and optimizing our operations.'

Practice Scenarios

Tech

Scenario:

Our app downloads have been impressive, but we need to translate that into more revenue streams.

Response:

I agree. We should focus on ad integration to achieve profitable growth from our app downloads.

Creative

Scenario:

We have new clients on board, but we need to ensure this does not strain our resources.

Response:

True, we should streamline our processes to achieve profitable growth with new clients.