Supernormal growth
(Redirected from Nonconstant growth)
Supernormal growth (alternatively known as nonconstant growth) is the part of the firm's life cycle in which it grows much faster than the economy as a whole.
Definitions
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Supernormal growth (nonconstant growth). The part of the firm's life cycle in which it grows much faster than the economy as a whole.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
