Why is it desirous for a firm to grow and expand?
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It is desirous for a firm to grow and expand because of following reasons: ... Market share: A company needs growth to increase its market share so as to capture more number of customers. Market leader: Market leadership is an objective of growth for several companies and they want to dominate the other firms.
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Answer:
It is desirous for a firm to grow and expand because of following reasons: ... Market share: A company needs growth to increase its market share so as to capture more number of customers. Market leader: Market leadership is an objective of growth for several companies and they want to dominate the other firms.
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