Inorganic growth is the rate of growth of business, sales expansion etc. by increasing output and business reach by acquiring new businesses by way of mergers, acquisitions and take-overs. This kind of growth also takes place due to government directives, leading to enhancement of business in some identified priority sector/area. The inorganic growth rate also factors in the impact of foreign exchange movements or performance of other economies.
As opposed to the organic growth, this kind of growth is affected to a great extent by exogeneous factors. It is also a faster way for companies to grow compared with organic growth (where the main focus is productivity enhancement and cost reduction).
This term is usually related with financial sectors showing expanding business and profits.
Famous quotes containing the words inorganic and/or growth:
“Man, unlike anything organic or inorganic in the universe, grows beyond his work, walks up the stairs of his concepts, emerges ahead of his accomplishments.”
—John Steinbeck (1902–1968)
“You know that the nucleus of a time is not
The poet but the poem, the growth of the mind
Of the world, the heroic effort to live expressed
As victory. The poet does not speak in ruins
Nor stand there making orotund consolations.
He shares the confusions of intelligence.”
—Wallace Stevens (1879–1955)