Growing Business Flashcards
Advantages of a growing business
Less competition
Rapid growth
More profit
Disadvantages of a growing business
Take over might fail
More complex
Expensive
What is trade barriers
Government restrictions on international trade
What is an environmental objective
The overall aim of a business its sets itself to improve environmental performance
Hat is organic/natural growth
The business goes by hiring more staff to increase their output
What is diversification
The process of a company in large and varying its range of products
What is corporate denomination
A classification for the stated value of financial instruments
What is social corpret responsibilities
Contributes to a sustainable development by delivering social economic and environmental benefits for stakeholders
What is e-marketing
Marketing products and services online
What is e-commerce
The buying and selling goods over the Internet
