Entering new markets
Innovating and developing
Changing marketing mix
Take advantage of new technology
1 of 6
What are two in organ methods and their definition?
Merger - when two or more businesses agree to join together and operate as one
Takeover- when one business buys another business and incorporates into it's own
2 of 6
Pros and cons of internal growth
Pros- less risky, maintain company culture and ethics
Cons- slower growth, miss opportunities for growth
3 of 6
Pros and cons of external growth
Pros- reduced competition, increase in revenue
Cons- initial cost of takeover, different corporate culture
4 of 6
Define internal growth
Finance that comes from the business
5 of 6
Define external growth
Finance that is brought in from a source outside the business
6 of 6
Other cards in this set
Card 2
Front
What are two in organ methods and their definition?
Back
Merger - when two or more businesses agree to join together and operate as one
Takeover- when one business buys another business and incorporates into it's own
Comments
No comments have yet been made