Question

4. Balanced growth of the firm is dependent on
(a) Brand image of the firm
(b) Success rate of business
(c) Growth rate of demand for the firm's products
(d) Utility function of managers
in Rorribilities Cunce does not show​

Answer 1

4. Balanced growth of the firm is dependent on (c) Growth rate of demand for the firm's products.

• For a firm to succeed or grow, it is important that the products are better sold in the market.
• When the growth rate of demand for the firm's products increases, then only will a firm be able to show balanced growth.
• If there is no growth rate for a firm's products, then the growth rate of the firm will decrease.

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