What you think it means: Very quick growth. You always hear of companies boasting about their "exponential growth."
What it actually means: An increase in the rate of growth. Something is growing exponentially
when its rate of change can be described using an exponent, such as 103. So, yes, it does mean growth, but it doesn't mean quick growth, just quicker than before. So if you are experiencing incredibly slow growth, you can then have exponential growth but still be slow, depending on the rate of growth.
Yes you are right. Sometimes words differ from actions. You need to be watchful and attentive in any situation. The exponential growth threatens each business in one way or another. I dedicated an article to him on my write my term paper cheap blog. If you are interesting we can discuss.
ReplyDelete