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United Republic of Tanzania  
  • Mwl. Julius K. Nyerere
  • Sheikh Abeid Amani Karume
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Home BusinessGrowing Business

The growth of a business is when it expands in size. The size of a business can be measured by sales turnover (or sales revenue); number of employees, share capital (number of shares times the price of each share); market share – the sales of the business of a particular product as a proportion of all sales of that type of product. A 5% market share would mean that 1 in 20 of all products sold are sold by that business and number of outlets (e.g. shops). Businesses either grow organically or by acquisition and mergers. 

Source: Government Portal Content Committee, Last Reviewed on : 2015-10-02 09:07:04
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