Identify two methods of internal growth that a business could choose:

The options of internal growth in a company are: - Increase existent production through innovation in technology or investment in new capital - Creation of new productions - Finding new markets such as a different age group or a different country - Growing the customer base through better marketing Any two of the four above can be considered organic (internal) growth of a company

HB
Answered by Helena B. Business Studies tutor

3552 Views

See similar Business Studies GCSE tutors

Related Business Studies GCSE answers

All answers ▸

Explain why _____ chose to start his new business as a sole trader. (6 marks)


What is the function of a SWOT analysis?


Identify and Explain two reasons why company X might want to enter new markets.


Define a franchise and explain the benefits to becoming a franchisee.


We're here to help

contact us iconContact ustelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

© MyTutorWeb Ltd 2013–2025

Terms & Conditions|Privacy Policy
Cookie Preferences