1.7 Growth & evolution
The vast majority of business organisations seek to grow.
How can business size be measured?
- by total sales revenue
- by total profits
- by size of workforce
- by amount of capital employed
- by market capitalisation
- by market size
Why do businesses seek to grow?
Keynote - Business growth - Why?
If there are so many benefits from being large, how can small firms succeed?
Task - Small vs large businesses
How do businesses grow?
Keynote - Business growth - How?
Franchising - Advantages & disadvantages
How can business size be measured?
- by total sales revenue
- by total profits
- by size of workforce
- by amount of capital employed
- by market capitalisation
- by market size
Why do businesses seek to grow?
Keynote - Business growth - Why?
If there are so many benefits from being large, how can small firms succeed?
Task - Small vs large businesses
How do businesses grow?
Keynote - Business growth - How?
Franchising - Advantages & disadvantages