Organic Growth (AQA A-Level Business): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What is organic growth?
What is organic growth?
Growing from within using own resources
How do businesses typically finance organic growth?
How do businesses typically finance organic growth?
Through reinvested profits
Which is an advantage of organic growth?
Which is an advantage of organic growth?
Maintains management style & culture
What is a key disadvantage of organic growth?
What is a key disadvantage of organic growth?
Time-consuming process
What is overtrading?
What is overtrading?
Growing fast but lacking working capital
What are diseconomies of scale?
What are diseconomies of scale?
Growth causing loss of efficiency & money
What happens when a company changes from Ltd to PLC?
What happens when a company changes from Ltd to PLC?
Original owners lose some control
In Greiner's Model, what follows the creativity phase?
In Greiner's Model, what follows the creativity phase?
Leadership crisis
What crisis occurs in Phase 4 of Greiner's Model?
What crisis occurs in Phase 4 of Greiner's Model?
Red tape crisis
What is the main risk of franchising for the franchisor?
What is the main risk of franchising for the franchisor?
Poor franchisee standards damage brand