The Business Organisation

HideShow resource information

Methods of Expansion

Organic Growth

  • Designing and developing new product ranges
  • Implementing marketing plans to launch existing products directly into new markets (e.g. exporting)
  • Opening new business locations – either in the domestic market or overseas
  • Investing in research and development to support new product development
  • Investing in additional production capacity or new technology to allow increased output and sales volumes
  • Training employees to help the best acquire new skills and address new technology
  • Becoming a franchise

Inorganic Growth

  • Takeovers
  • Mergers
1 of 1

Comments

No comments have yet been made

Similar Business Studies resources:

See all Business Studies resources »See all Expanding a Business resources »