Whilst there can be slight variations between the exact structure and type of study between the various scientific disciplines, there are certain key scientific elements that all must possess to some degree.
Long-Term Growth - LTG. What does 'Long-Term Growth - LTG' mean. Long-term growth (LTG) is an investing strategy or concept where a security will appreciate in value for a relatively long period of time, whether or not the growth is initiated immediately or later on.
What is the 'Long Run'. A period of time in which all factors of production and costs are variable. In the long run, firms are able to adjust all costs, whereas in the short run firms are only able to influence prices through adjustments made to production levels. Additionally, whereas firms may be a monopoly in the short-term they may expect competition in the long-term.