In: Economics
Raeworth makes the case that growth isn’t as important as sustainability for firms and society. Assess this view and contrast it with a continual growth strategy.
According to Raeworth the growth is not as important as
sustainability for firms and Society.
It means that sustainability of the forms and society is not
depends on the growth because growth is not certain and it has a
feature of short term existence growth is not existing as a
continuing factor because complete development and progress is
depends on various elements and factors that is beyond the control
of the organisation the role of government is also very essential
and the role of computers also plays an important role in the
establishment of a strategy where the growth of firms
depends.
The growth is short term, the development is long term because a
firm can develop only by a continuous growth in a particular
sector.
The sustainability is a factor which is very very important for the
farms if they want to stay in the long run in the market and if
they want to perform the role of capturing a good market share the
existing of the organisation also depends on the sustainability of
the firms.
Continual growth strategy means the growth will go on and on and
it's not depend on a particular factor or a particular thing the
continual growth strategy means a permanent policy of a growth in
an economy to maintain a proper market share.