The growth strategy
Example: Growth strategy defines plans to expand business and increase revenue
Definition
"The growth strategy" refers to a plan or approach designed to expand a business's operations, increase market share, and boost revenue over time. It involves identifying opportunities, allocating resources, and implementing tactics that promote sustainable development and competitive advantage.
Etymology
The phrase "the growth strategy" combines 'growth,' derived from Old English 'growan,' meaning to increase or develop, and 'strategy,' borrowed from Greek 'strategia,' meaning art of generalship. Together, they describe a deliberate plan focused on business expansion and success.
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"The growth strategy" appears in the Vocaplus list "English - Entrepreneurship - (A1-C2) - set 1", containing 110 commonly used words.
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