A-Level CAIE Business AS 1.3.3—Business growth Question Bank

• Business growth

- why and how a business might grow internally (organic growth)

- the different types of external growth through merger and takeover: horizontal, vertical (backward and forward), conglomerate diversification, friendly merger, hostile takeover

- the impact of a merger/takeover on stakeholders

- why a merger/takeover may or may not achieve objectives

- the importance of joint ventures and strategic alliances as methods of external growth