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It has been suggested that when applied to the percentage growth rate in a business, the law of large numbers implies that as a business
It has been suggested that when applied to the percentage growth rate in a business, the law of large numbers implies that as a business grows, it becomes increasingly difficult to maintain its high growth rate in the past.
- What do you think of this argument? Can you provide an example to support your point of view?
- What does this mean for the FP&A in forecasting sales?
- What does it mean in terms of forecasting profit margins?
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