stakeholders/growth Flashcards
what is a stake holder
anyone who has a interest or impact in the business (unintentionally or not)
internal stakeholder
anyone within the business (workers)
external stakeholders
anyone outside the buisness (competitors, customers)
organic growth
a buisness growing within
intention of organic growth
- improve company name
positive of organic growth
not toooooooo risky
negative of organic growth
competitors can copy you
external growth
growing by involving yourself with another company
what is a merger
when two businesses agree to join together
takeover
when a buisness buys the other on the stock exchange (hostile)
horizontal growth
merging with company who does the same thing as you
vertical growth
merging with someone in front or behind you in the supply chain
diversification
merging with someone in a completely unrelated industry
integration
expanding with another buisness at a diff stage of the production process