What are the two main forms of external expansion?
Answers
Answer:
◆External expansion or Business combination and it's types.
◆External expansion refers to business combination where two or more concerns combines and expand their business activities.
◆The ownership and control of the combined concerns may be undertaken by a single agency.
I Hope It Will Help!
^_^
❤
Hey mate this is your answer ❤️
External expansion refers to business combination where two or more concerns combines and expand their business activities. The ownership and control of the combined concerns may be undertaken by a single agency.
Business combination is a method of economic organization by which a common control, of greater or lesser completeness is exercised over a number of firms which either is operating in competition or independently. This control may either be temporary or permanent, for all or only for some purposes. This control over the combining firm can be exercised by a number of methods which in turn give rise to various forms of combinations.
Have a nice day ❤️
Mark as brainliest ❤️❤️