Supernormal growth

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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.

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