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Explain the advantages of internal (organic) growth.

      

Explain the advantages of internal (organic) growth.

  

Answers


Lydia
? Expand existing premises to cater for more products/staff and make more sales
? Selling online the business can trade 24/7 around the world
? Hire more staff will bring in new ideas to the business to develop new products/increase production.
? No loss of control as the business is not integrating with others
? Launch new products/services means businesses can target different markets
o Exporting existing products abroad widens their market

lydiajane74 answered the question on May 31, 2018 at 17:19


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