3.2.3 - Organic Growth Flashcards by megan williams

Q

What is organic growth?

A

Business growing gradually with their own resources

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Methods of organic growth

A

New products
New stores
Investing in new technology
New markets
Franchising

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

A

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

What is organic growth?

A

Growth driven by internal expansion with their own resources

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Methods of organic growth

A

Gaining greater market share
More products
Franchising
New stores

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Advantages of organic growth

A

Manageable growth
Less risky
Avoids diseconomies of scale
Stronger control

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Disadvantages of organic growth

A

Slow pace
Do not get increased knowledge and expertise
May not benefit from economies of scale

How well did you know this?

1

Not at all

2

3

4

5

Perfectly