What is meant by organic growth of a business?

Organic growth is when a business is using its profits to expand naturally, without needing to turn to external forms of investment such as a bank loan.

MB

Related Business Studies GCSE answers

All answers ▸

Describe the features of the Launch stage of the product life cycle (2)


What are the 4Ps in Marketing?


What is a wholesaler?


How can companies improve motivation within a workforce?