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In: Economics

Raeworth makes the case that growth isn’t as important as sustainability for firms and society. Assess...

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.

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Expert Solution

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.


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