Inorganic growth Flashcards
(5 cards)
1
Q
Inorganic growth ao1
A
External growth that occurs when a business expands in size by either merging with or taking over another business
2
Q
Advantages of inorganic growth
A
- economies of scale
- reduced competition
- opportunities to secure suppliers
3
Q
Disadvantages of inorganic growth
A
- culture clashes
- Legal procedures
4
Q
Merger ao1
A
The process by which two companies become one- there is a share of ownership
5
Q
A