Growth Flashcards
1
Q
Organic growth
A
When a firm grows naturally from within
Eg selling more of their existing products
2
Q
External growth
A
Growing the business by either merging or taking over another business
3
Q
Horizontal merger
A
A firm at the same stage of production
4
Q
Vertical merger
A
Backwards or forwards merger
Stage of production
5
Q
Demerger
A
Separation of a large company into two or more smaller firms
