This includes:
1.3.3 Why some businesses grow and others remain small
• why the owners of a business may want to grow the business
• how and why businesses can grow internally, e.g. develop new products, develop new markets
• how and why businesses can grow externally: mergers and takeovers, including horizontal
integration, vertical integration
• advantages and disadvantages of methods of growth
• problems linked to business growth
• why some businesses remain small
Minimum Time 35 minutes
