Skip to content
MathsGenie logo
Quick links
Open app

Course home

  1. A Level
  2. Economics Edexcel A
  3. Question bank

3.1 Business growth

EasyMediumHard
1234567891011
Question 5

Apex Fit, a regional network of boutique fitness studios, has recently expanded by leasing and opening two brand-new facilities in adjacent cities. The expansion was funded entirely by reinvesting the company's own accumulated cash reserves and was managed internally by its existing leadership team.

Explain why this method of expansion can be classified as 'organic growth'.

[2]

3.1 Business growth Questions

  1. A Level
  2. /Economics
  3. /3.1 Business growth