Pre-assessment G9 -Business Growth

What do you mean by merger?

• The process of selling a company to multiple buyers.
• The process of acquiring a company by another company.
• Combination of two or more companies into a single company

• The process of dividing a company into two or more separate companies.

What is a takeover business?

• Liquidation of a company.
• Formation of a new business.
• Merger of two companies.
• Acquisition of one company by another

Identify one example of internal growth.

• Hiring new employees
• Acquiring a competitor company
• Opening a new branch to expand the business

• Increasing advertising budget

What is external growth?

• Expansion through mergers, acquisitions, or partnerships with other businesses.
• Expansion through franchising
• Expansion through diversification
• Expansion through organic growth

Why do businesses grow?

• Businesses grow for various reasons.
• Businesses grow to increase profits
• Businesses grow to expand their market share
• Businesses grow to attract more investors