Organic and external growth
Organic and external growth
Organic growth occurs when a firm expands its own output or capacity. It might open new branches, develop products, recruit workers or invest in additional production facilities.
Step-by-step lessons on Edexcel A A Level Economics 3.1 Business growth. Each one builds up to exam-style questions. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.