Pages in this set

Page 1

Preview of page 1
Bannatyne
Bannatyne came from a humble background which actually helped his business to
grow when he was told by his mother he could not have a bicycle due to having no
funds to do so He therefore went hunting for a job at the newsagent who offered him
a job…

Page 2

Preview of page 2
Then in July 2010, the company agreed to buy SSL International, the makers of
Durex condoms and Scholl's footcare products in a £2.5bn deal.[19]


Tesco
Tesco is a company that was established in 1919 by Jack Cohen and has
constantly been growing throughout the years. It started from a stall…

Page 3

Preview of page 3
because it was a huge risk as there was no guarantee that this would be successful
in these countries.



Advantages and Disadvantages of firms growing internally(increase in sales) and
externally(merges)

The advantages

Economies of scale reduces unit costs.

Greater market share so firms can become price makers

If you invest…

Page 4

Preview of page 4
Moreover, it would have allowed him to focus on his business on something he
really believed in, which may have made him happy.

Comments

No comments have yet been made

Similar Economics resources:

See all Economics resources »See all resources »