Business Growth: Internal and External Strategies and Constraints

The video tutorial explores why businesses grow, focusing on profit, economies of scale, and market share. It distinguishes between internal (organic) and external growth, including mergers and acquisitions. The stages of production—primary, secondary, and tertiary—are explained, along with types of integration: horizontal, vertical, and conglomerate. Constraints on growth, such as market size and regulation, are discussed, as well as the concept of demergers.

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