4.2.4 Global mergers and joint ventures Flashcards
1
Q
Organic growth?
A
business grows from within using own resources
2
Q
Inorganic growth?
A
business gets bigger by joining another firm - merger or takeover
3
Q
Merger?
A
mutual decision of 2 companies to combine
4
Q
Takeover?
A
purchase of smaller company by larger one
5
Q
Joint venture?
A
businesses in a collaborative relationship with local producer that is value to business
