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GCSE Business 2020-2022 OCR

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Pregunta:

How is External Growth [Integration] achieved? Detail two External Growth ways

Autor: eric_galvao



Respuesta:

Joining with another Business -Merger is when two+ firms join, to create a New Business. Some benefits are Reduced Costs, and Increased Revenues -Takeover is when 1 business buys another business. This gives new access to Markets, Suppliers and Technology


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