Business growth-advantages and disadvantages

    Cards (6)

    • Business growth
      Enables businesses to increase the scale of their operation and competitiveness
    • Internal (organic) growth
      • Growth from within the business
    • External (inorganic) growth
      • Growth through mergers, acquisitions or takeovers
    • Public limited company (PLC)

      A business where shares are sold to the public on the stock market
    • Shareholders in a PLC
      • Part owners of the business who have a voice in how it operates
    • Management of a PLC
      • A CEO (chief executive officer) and board of directors manage and oversee the business' activities