Business Growth

Front

What does the European Union do to ensure fairness in a free market?

Back

The EU has competition policies that approve mergers and acquisitions of large companies.

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What is the advantage of large companies in a free market?

Back

Large companies can take advantage of economies of scale, reducing unit costs and selling products at lower prices.

Front

What is internal growth in a business?

Back

Internal growth is when a company uses its own resources to expand, acquiring new assets or establishing new products.

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What is a merger?

Back

A merger is when two or more businesses join together to form one company.

Front

What is external growth in a business?

Back

External growth is when a business grows rapidly through integration with other organizations, often through mergers or acquisitions.

Front

What is an acquisition or takeover?

Back

An acquisition is when one business buys another, which can be a complete takeover or buying shares.

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What is a joint venture?

Back

A joint venture is when companies collaborate and jointly invest in a separate business or project.

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What is horizontal integration?

Back

Horizontal integration happens when businesses at the same stage of production join together.

Front

What is vertical integration?

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Vertical integration happens when a business joins with another that operates at a different stage of production.

Front

What can happen during a hostile acquisition?

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A hostile acquisition is when a company gains control over another without its consent.