This article describes size of firms. It explains why growth of firms is important and identifies basic methods of business growth - external and internal.
Posts tagged as “mergers”
External Growth can lead to rapid expansion of the business which might be vital in very competitive markets, or in industries that expand fast.
Business integrations including mergers, acquisitions and takeovers bring benefits such as synergy and higher market share, but may cause problems.
External Growth (or inorganic growth) occurs through dealings with other businesses outside the organization. It is usually achieved by merging, acquiring or taking over another company.