Question

identity two other ways a business meight grow apart from takeover?​

Answer 1

Answer:

Businesses either grow organically or by acquisition and mergers. Organic growth means the business grows by expanding its sales or their operations and is financed through its own profits. Acquisitions and mergers are when the business joins or buys other businesses, not necessary of the same type.

Explanation:

The growth of a business is when it expands in size. The size of a business can be measured by the following means:

~Sales turnover (or sales revenue)

~Number of employees

~Share capital (the number of shares times the price of each share)

~Market share – the sales of the business of a particular product as a proportion of all sales of that type of product. A 5% market share would mean that 1 in 20 of all products sold are sold by that business.

~Number of outlets (e.g. shops)

A business can grow organically in the following ways:

~Lower price - People will buy more at lower prices.

~Increase advertising - Customers are made more aware of the attraction of the products.

~Sell in different location - Selling to a new set of customers, more potential.

~Sell on credit - Customers are attracted by the ability to buy now pay later.