a) Business growth

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Last updated 4:38 PM on 6/28/26
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4 Terms

1
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  • state the stages of the supply chain

  • supplier → manufacturer → distributor → retailer

2
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  • define organic business growth

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  • state examples of organic business growth

  • business growth through the use of internal resources

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  • product diversification

  • investing in new capital

  • international expansion

3
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  • define inorganic business growth

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  • state examples of inorganic business growth

  • business growth through the takeover of external resources

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  • backwards vertical integration

  • forwards vertical integration

  • horizontal integration

  • conglomerate integration

4
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  • define backwards vertical integration

  • define forwards vertical integration

  • define horizontal integration

  • define conglomerate integration

  • when a firm merges with a firm backwards in the supply chain

  • when a firm merges with a firm forwards in the supply chain

  • when a firm merges with a firm in the same stage of the supply chain

  • when a firm merges with a firm in an unrelated market