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WorksheetsBusiness Growth
Total questions: 7
Worksheet time: 4mins
How are you feeling about remote learning for business studies?
I love it - I don't miss class at all!
Its better than it was- I'm getting used to it
I'm not a fan
I want to be back in a classroom now please!
Which of the following is not an example of organic growth?
Developing new products
Merging with another company
Selling your products to a different market
Horizontal integration is...
When 2 companies in the same industry at the same stage of production join e.g. H&M and Zara
When 2 companies in the same industry at different stages of production join e.g. H&M and a textiles factory
When 2 companies in different industries join e.g. H&M and Costa
A benefit of organic growth is
Its quick
The business can benefit from economies of scale (lower unit costs)
Its more likely to fail than inorganic growth
Selling a product to a new market could fail because
The business has no experience of selling their product
Research into the new customers might be misleading
The product might be faulty
What is the difference between a merger and a takeover?
Developing new products is an example of
market development
mergers
innovation
