It is largely narrative with no adequate referencing identifying where the source material originated. You don't develop your arguments but simply state "facts" which are not support by either argument or literature. There is no discernable structure which leads the reader through a series of closely argued points. And therefore it is left out the reader to infer the arguments. At no time do you actually discuss the types of growth - revenue, profit or market share, nor do you appear to appreciate that growing fast in revenue can reduce profitability due to the cash required for growth. There is no identification of what sort of growth is actually achieved by leading global companies, nor an examination of how they achieved their levels of growth.
I would concentrate to start with on reading about two things. First, the different kinds of growth that the comments above refer to. When do companies grow sales (revenue), when market share, when profit? Look at the industry and product life cycles as one aspect of this. Secondly read about what the factors are that enable companies to achieve growth of any of these kinds
I want to make sure I am answering all these questions and also answering the question at the same time.
What kind of growth companies are achieving, Revenue, market share or profits?
Companies are achieving different types of growth.
Some are achieving a revenue growth and an increase of the market share; whereas others are achieving growth in profits.
Those companies that achieve a growth in revenue and market share may not achieve a growth in their profits.
For sustained growth, the profits of the company need to be ploughed back into the company and its capital must growth. The net worth of a company must growth over a period of time.
There are examples where companies have focused on the growth of their revenues and market share at the cost of profitability and have suffered heavy losses in the bargain.
Consider the dot.com companies: The companies 'grew' artificially; they did not plough back their own profits but they injected easily available venture capital into their businesses. These companies singularly focused on market share and revenues. These companies neglected their profits. These companies sustained net loss to build market share. These companies expected to build enough brand consciousness to be able to charge profitable rates later. They incurred huge expenses and sustained their expenses through initial public offerings of stock. In several cases the revenues increased and so did he accumulated losses. When the bubble burst several companies wrapped up.
Growth achieved by leading global companies?
The companies that have achieved global status and have grown are those companies that have made sustained profits over a period of time and have ploughed back the profits into their business.
These companies have also introduced new products, entered new markets and increased their market share; however, these companies have ...
This solution gives you a detailed discussion on corporate growth.