2.1.1 Business Growth

Question 1

Name 2 Methods That Help Business Expand?

Answer 1

• 1) Internal (Organic) Growth
• 2) External (Integration) Growth

Question 2

Describe What Is Internal Growth?

Answer 2

• Its when a business decides to expand its own activities by launching new
  products
  and entering new markets.

Question 3

Name 4 Ways That Business Expand Internally?

Answer 3

• 1) When The Business Employs More People.
• 2) When The Business Opens More Branches.
• 3) When The Sales Or Revenue Increases.
• 4)When The Profits Increases.

Question 4

Explain How Internal Business Growth Will Be Successful?

Answer 4

To ensure internal business growth is successful, a business can engage in
research and development
which is work directed towards the
innovation
introduction and improvement of products and processes.