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It is said only those companies that can leverage growth opportunities through customer centric activities would survive. Look at the automobile industry. Big names like Packard , Studebaker have ceased to exist. Even GM is in trouble. But Jaguar land Rover, Toyota, VW, Hyundai have maintained their growth story for a long time.
patel HAS MADE GOOD POINT.
Companies in industries that are benefiting from rapid growth have sales and earnings that are expanding at a faster rate than firms in other industries. As such, these companies should display an above average rate of earnings on invested capital for an extended period of time, probably years. Prospects for rapid growth companies should also appear bright for continued sales and earnings growth in ensuing years.
Growth can be good and growth can be bad. It depends. Growth can create value, but, if not properly managed, growth can destroy value.
Example:
An industry that exemplifies all the tendencies of a declining market is the railroad industry, which has experienced decreased demand - largely due to newer and faster means of transporting goods (primarily air transport) - and has failed to remain competitive in pricing, at least in relation to the benefits of faster and more efficient transportation provided by airlines and trucking services.
Nice Question Mr. patel
Growth are dependent on dynamic market & Company is a business entity can take many forms to dynamic development our Business Goal to achive a economic power & growth that a very transprent in that nature of company business therefore only growth companies and no growth industries.
