Economics 9708 · AS & A Level · 7.7

7.7 — practice question

Businesses may expand either through external means or from within. What is meant by internal growth?

  • Afinding new export markets: no; merging with rival firms in the same industry: no; merging with firms in other industries: yes
  • Bfinding new export markets: no; merging with rival firms in the same industry: yes; merging with firms in other industries: no
  • Cfinding new export markets: yes; merging with rival firms in the same industry: no; merging with firms in other industries: no
  • Dfinding new export markets: yes; merging with rival firms in the same industry: yes; merging with firms in other industries: yes

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