"Inorganic growth provides an organisation with an avenue for attaining accelerated growth as compared to the organic growth in general". Comment on the statement.

Growth may be organic growth or inorganic growth. It improves economic prospects of a firm and is ascertained using different parameters, it may be total sales revenue, increase in market share, increased profit margin, etc. Organic growth implies improvement in cost cutting techniques, financial restructuring within the organization, finding ways to capture more market share, optimum utilisation of resources. Organic growth is derived from internal competencies and capabilities of a business. Inorganic growth strategies like mergers, acquisitions, takeovers and spin-offs are regarded as important engines that help companies to enter new markets, expand customer base, cut competition, consolidate and grow in size quickly, employ new technology with respect to products, people and processes. Thus, the inorganic growth strategies are regarded as fast track corporate restructuring strategies for growth. Inorganic growth provides an organisation with an avenue for attaining accelerated growth enabling it to skip few steps on the growth ladder. Restructuring through mergers, amalgamations, and takeovers, etc. constitute one of the most important methods for securing inorganic growth.