Question

How firm grows internally:
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Answer 1

Answer:

Internal (organic) growth - the business grows by hiring more staff and equipment to increase its output . External growth - where a business merges with or takes over another organisation. Combining two firms increases the scale of operation.

Answer 2

Answer:

Internal (organic) growth - the business grows by hiring more staff and equipment to increase its output . External growth - where a business merges with or takes over another organisation. Combining two firms increases the scale of operation.

Explanation:

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