Question

The expansion of a concern may be in the activities or acquisition of ownership and control of other concerns"". What are the ways used by an entrepreneur for the expansion of an enterprise?

Answer 1

Answer:

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The expansion of a concern may be in the control is the process of determining various actual results with budgeted figures for the enterprise for the future period and standards set then comparing the budgeted figures with the actual performance for calculating variances, if any. It provides a method of control too.

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Answer 2

Explanation:

The two ways of expansion are : 1. Internal Expansion 2. External Expansion Internal Expansion: It refers the gradual increase in the activities