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.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
