Growth of Firms Business Studies企业成长业务研究.pptVIP

Growth of Firms Firms can grow internally by: By investing in more capital goods by borrowing more money, raising more funds from owners or by keeping some of the profit back in business. Firms can grow externally by: Through INTEGRATION-when one firm combines with another business. This can happen in any two ways: By a merger-a friendly deal where two businesses join together (each business owns a share of the other business for mutual benefit or, By a takeover-a forced and sometimes hostile deal where one firm buys a share of the other business. Integration can take place in two directions