The two routes to expansion
The two routes to expansion
Expansion means increasing the size or capacity of a business. The key distinction is whether the business merges with or acquires another business: expansion without a merger or acquisition is usually called organic growth, while expansion through a merger or takeover is external growth.
Step-by-step lessons on AQA GCSE Business 1.7.1 Methods of expansion. Each one builds up to exam-style questions. Start by mastering business terminology and the functional areas (marketing, finance, operations, HR) before moving on to the extended, evaluation-heavy questions that carry the most marks.