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

Related Business Studies GCSE answers

All answers ▸

The Marketing Mix is a useful tool made up of four elements called the four P's. Define the four P's with examples.


What are some of the most relevant pricing strategies?


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


How can I achieve full marks in a long answer question?


We're here to help

contact us iconContact usWhatsapp logoMessage us on Whatsapptelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

© MyTutorWeb Ltd 2013–2024

Terms & Conditions|Privacy Policy