i want someone to let me know or else I wouldn't be posing this question
explain the potential for growth of a business internally
internal growth of a restaurant business
The potential growth of any company is unlimited. As with any other business you have to have a sound business model, proper funding, and a business plan that has reasonable goals and methods for reaching them.
In general, growth refers to the incremental increase in size.
Supply has the potential to contribute to demand. When a product is highly demanded, but the supply is low, a producer can increase their price. This process will increase revenue for the business.
This is simply the internal growth of a business. Internal growth would include things such as employee development, development of product base etc. External growth is the addition of another branch of your business or a literal expansion your business place.
high growth potential ,,,, increase of foreign currency reserves
The rate at which a population will increase with no limits is called its intrinsic growth rate. This rate is influenced by factors such as birth rate and death rate within the population. It represents the maximum potential for growth in ideal conditions.
A business boom is aperiod of time where sales in the business increase very rapidly. It deals with very strong economic growth and it means that business is good.
Economic growth can be further split into Actual growth and potential growth.Actual growth is the increase in the GDP of the economy represented by the rightward shift of the Aggregate Demand.Potential growth is the increase in the productive capacity or the maximum possible output of an economy. this is represented by the rightward shift of the Aggregate Supply.
A company can strategically increase its business value growth over time by focusing on innovation, expanding into new markets, improving operational efficiency, investing in technology, and building strong customer relationships.
Playing basketball at 17 years old does not have the potential to increase your height. Height is primarily determined by genetics and growth factors, not by playing a specific sport.