Question

A company growing at an annual rate of 35 percent will double in size in just two years. A company growing at an 18 percent rate will double in size in four years. A company growing at an annual rate of 12 percent will double in size in six years. Persistent long-term growth is most achievable in moderate rates. Do you agree

Answer 1

Yes.

I agree with the statement that "Persistent long-term growth is most achievable in moderate rates."

Step-by-step explanation:

For instance, Company B may not be motivated to continue on its growth trajectory because it has doubled in size in a few years. The reason for this demotivation is that to achieve further growth may not become a motivator and it may not be repeatable, with management relaxing its growth efforts. Companies that achieve persistent long-term growth usually grow at moderate rates.