Organic Growth (Edexcel A-Level Business): Flashcards
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Organic growth meaning
Organic growth meaning
Expanding gradually using own resources to sell more
Another term for organic growth
Another term for organic growth
Internal growth
Inorganic growth meaning
Inorganic growth meaning
Businesses joining via mergers or takeovers
Speed: inorganic vs organic
Speed: inorganic vs organic
Inorganic significantly faster
Risk: organic vs inorganic
Risk: organic vs inorganic
Organic generally safer
Franchising in organic growth
Franchising in organic growth
Others trade under original business name
Why organic growth cost effective
Why organic growth cost effective
Can use retained profit (cheapest finance source)
Control advantage of organic growth
Control advantage of organic growth
Owners/management have complete control
Pace disadvantage of organic growth
Pace disadvantage of organic growth
Too slow for stakeholders wanting quick returns
Market unsuitable for organic growth
Market unsuitable for organic growth
Rapidly growing markets needing speed