How firm grows internally:
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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.
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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.
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