1.6 business growth Flashcards

1
Q

organic growth

A

internal growth using own resources

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2
Q

merger

A

two or more businesses agreeing to join together

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3
Q

takeover

A

one business takes control of another

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4
Q

horizontal growth

A

two businesses in the same production sector joining together

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5
Q

vertical growth

A

two businesses in different production sectors joining together

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