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3.2 Business Growth
Organic Growth
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Created by
emelia linwood
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Cards (7)
define organic growth
driven by
internal
expansion using
reinvested
profits or loans
organic growth is beneficial because the pace of growth is
manageable
organic growth is less
risky
because it is financed by
profits
and there is
expertise
in the industry
organic growth may be frustrating because the
pace
of growth is
slow
organic growth is weakened because access to finance may be
limitied
organic growth is weakened as the business is not able to benefit from
economies
of
scale
what strategic tool can be used to identify organic growth opportunities
ansoffs
matrix