High-growth firms, as defined by the OECD, are:
A) Any firm that grows more than 5 per cent over five years
B) Firms that achieve high growth through acquisitions
C) Firms with an average annualized growth rate greater than 20 per cent per year, over a three-year period
D) Firms with an average annualized growth rate greater than 10 per cent per year, over a five-year period

Question

Quizplus · Accepted Answer

The OECD defines high-growth firms as those with an average annualized growth rate greater than 20 per cent per year, over a three-year period, in terms of either revenue or the number of employees.

High-Growth Firms, as Defined by the OECD, Are