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How does external growth differ from organic growth?

A

External growth comes from developing new products and selling more to existing customers, rather than buying another business.

B

External growth comes from opening new branches using the business's own resources, rather than joining another business.

C

External growth comes from reducing costs within the business, rather than increasing its sales.

D

External growth comes from joining with or buying another business, rather than selling more yourself.

Card 1 of 21

2.1.1b External (inorganic) growth Flashcards

  1. GCSE
  2. /Business
  3. /2.1.1b External (inorganic) growth

21 flashcards on Edexcel GCSE Business 2.1.1b External (inorganic) growth: the key terms, formulae and case studies you need to recall for Paper 1 and Paper 2.

Flashcards