A company growing at an annual rate of 35 percent will double in size in just two

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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 by 12 percent will double in size in six years. Persistent long-term growth is most achievable in moderate rates. Do you agree? Why or why not? What are the challenges of rapid growth? LO1

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