2.1_flash cards

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Internal (organic) growth

Back

When a business expands by itself, by bringing out new products or entering into new markets.

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External (inorganic) growth

Back

A faster form of growth when a business joins forces with another.

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Retained profit

Back

Internal source of finance where profit is used to expand – safest form of finance.

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Loan capital

Back

Long term bank loan paid back with interest – external source of finance.

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Share capital

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PLC can sell shares on the stock market – external source of finance.

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Public limited company

Back

PLCs are able to raise capital through selling shares on a stock exchange.

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Imports

Back

Goods and services bought into one country from another.

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Exports

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Goods and services sold from one country into another.

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Multinational

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Large company with facilities all over the world.

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Trade bloc

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Countries acting together to promote trade between themselves.