Which advantage of business growth helps improve company reputation?

The advantage of business growth that helps improve a company's reputation is greater status or prestige. When a business grows, it often gains recognition and credibility within its industry and among consumers. This increased status can lead to a more favorable public image, as stakeholders and potential customers may see a larger, more successful company as a leader or authority in its field.

This heightened prestige can have a ripple effect, attracting more customers, retaining top talent, and fostering partnerships with other reputable businesses. Thus, as a business grows in size and stature, its reputation can significantly enhance, allowing it to position itself more effectively in the market.

In contrast, while higher profits can indicate success, they do not directly enhance reputation. Larger market share signifies dominance in a market but doesn’t necessarily contribute to positive public perception on its own. Lower average costs can lead to higher profitability but may not relate directly to reputation unless accompanied by quality service or products.