Business Growth Flashcards
1
Q
Organic Growth
A
Organic Growth is when a business expands from within
E.g. Opening new stores or launching new products
2
Q
Inorganic Growth
A
Inorganic Growth is when a business grows by joining with other business
E.g. Buying out a competitor
3
Q
Merger
A
This is where two businesses agree to become integrated to form one business under joint ownership
4
Q
Takeover
A
This is where one business buys another business
5
Q
PLC
A
Public Limited Company. A PLC must have issued at least £50,000 worth of shares
