This includes:
1.3.3 Business growth
• why and how a business might grow internally (organic growth)
• the different types of external growth through merger and takeover: horizontal, vertical (backward and
forward), conglomerate diversification, friendly merger, hostile takeover
• the impact of a merger/takeover on stakeholders
• why a merger/takeover may or may not achieve objectives
• the importance of joint ventures and strategic alliances as methods of external growth
Minimum Time = 35 minutes
