Organic Growth (Edexcel 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?
Expanding gradually using own resources
Which statement best describes inorganic growth compared to organic growth?
Which statement best describes inorganic growth compared to organic growth?
It is significantly faster
Why is organic growth generally considered safer than inorganic growth?
Why is organic growth generally considered safer than inorganic growth?
It extends known practices & avoids issues
Which is NOT a method of organic growth mentioned?
Which is NOT a method of organic growth mentioned?
Acquiring competitor businesses
How does franchising support organic growth?
How does franchising support organic growth?
Lets others trade under original name
Why is organic growth often more cost effective?
Why is organic growth often more cost effective?
Can be financed from retained profit
What control advantage does organic growth offer?
What control advantage does organic growth offer?
No outsiders have controlling interests
Why might shareholders be unhappy with organic growth?
Why might shareholders be unhappy with organic growth?
The pace may be too slow for returns
What disadvantage occurs when growing organically instead of acquiring?
What disadvantage occurs when growing organically instead of acquiring?
Missing out on other firms' resources
When do most business owners typically pursue organic growth strategies?
When do most business owners typically pursue organic growth strategies?
In early stages of business development