business size or growth Flashcards

1
Q

how to determine business size?

A
number of employee's
number of factories
turnover/profit
share value 
capital employed (assets)
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2
Q

factors effecting expansion?

A

personal preference
available resources
market size
nature of the product

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3
Q

impact on stakeholders advs and disadvs

A
employee's - 
\+ promotional options and security 
- lack motivation, may get ignored
shareholders -
\+ chance for larger dividens
- inflexible
local community 
\+ jobs available 
- pollution 
suppliers 
\+security 
- bullied into terms
customers 
\+ more variety 
- diseconomies of scale may raise costs.
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4
Q

types of business growth

A

organic growth

mergers and aquisitions

takeover

joint venture - two work together for a project, ownership doesnt change.

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