(b) Explain how growth may be assessed, and critically discuss the advantages and issues that might arise as a
result of a decision by the directors of CSG to pursue the objective of growth. (8 marks)
(b) Explain how growth may be assessed, and critically discuss the advantages and issues that might arise as a
result of a decision by the directors of CSG to pursue the objective of growth. (8 marks)
(b) Growth may be measured in a number of ways which are as follows:Cash flowThis is a very important measure of growth as it ultimately determines the amount of funds available for re-investment by anybusiness.Sales revenueGrowth in sales revenues genera
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