Business Growth Flashcards
1
Q
What is internal growth?
A
Expansion within the same business; higher sales, more branches, or breaking into new markets.
2
Q
What is external growth?
A
Growth through integration; one business combines with another business, either by merging or a take over.
3
Q
What is merging?
A
Two businesses join together to form a new business.
4
Q
What is a take over?
A
One business buys over half of the shares in another business.
5
Q
What is a hostile take over?
A
A take over that is not wanted by the directors of the company that is being taken over.
