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10 cards from this deck
Internal growth (gradual) & external growth (mergers/takeovers)
Lower unit costs, brand recognition, financial security from growth
Proportion of debt to equity financing
Traffic, noise, pollution, road damage affecting local communities
% of maximum possible output actually being produced
Political, Economic, Social, Technological, Legal, Environmental
Firms that respond quickly to changes capture market share first
New leaders bring fresh vision & ideas that reshape the business
Economies cycle through periods of boom & recession
Flotation, mergers, acquisitions
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