The only way to achieve consistently high growth is to consistently find new product markets and enter them successfully in time to enjoy their more profitable high-growth phase.

Question

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Consistently finding new product markets and entering them successfully is an effective way to sustain high growth as it helps to tap into emerging opportunities, new customer segments, and often higher profit margins. By constantly diversifying and innovating, companies can stay ahead of the competition and maintain a competitive edge in their industry.

The Only Way to Achieve Consistently High Growth Is to Consistently