a

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% of sales a company has over companies in the same market
Market share
1 of 6
The group of customers who are interested in your product
Market segment
2 of 6
The costs per unit of output. It is equal to total cost divided by output
Average costs
3 of 6
As the company it is cheaper to buy in bulk and can employ the best staff and raise finance easily
Economies of scale
4 of 6
When a company grows through its own expansio without undergoing a merge or takeover
Organic growth
5 of 6
When a company grows by taking over another another company
Takeover
6 of 6

Other cards in this set

Card 2

Front

The group of customers who are interested in your product

Back

Market segment

Card 3

Front

The costs per unit of output. It is equal to total cost divided by output

Back

Preview of the front of card 3

Card 4

Front

As the company it is cheaper to buy in bulk and can employ the best staff and raise finance easily

Back

Preview of the front of card 4

Card 5

Front

When a company grows through its own expansio without undergoing a merge or takeover

Back

Preview of the front of card 5
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