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1.3.3—Why some businesses grow and others remain small

Syllabus
0264–2027–2028
Objective
1.3.3
Level

1.3.3—Why some businesses grow and others remain small

  • why the owners of a business may want to grow the business
  • how and why businesses can grow internally, e.g. develop new products, develop new markets
  • how and why businesses can grow externally: mergers and takeovers, including horizontal integration, vertical integration
  • advantages and disadvantages of methods of growth
  • problems linked to business growth
  • why some businesses remain small
ConceptIGCSE Business Studies