Ways in which a business can change practices in order to be successful

toby solomon
Mind Map by toby solomon, updated more than 1 year ago
toby solomon
Created by toby solomon over 2 years ago
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GCSE Business Studies Mind Map on Ways in which a business can change practices in order to be successful, created by toby solomon on 03/22/2017.

Resource summary

Ways in which a business can change practices in order to be successful
1 Diversity
1.1 Business activity (e.g. merge with primary manufacturing)
1.2 Expand into new markets
1.3 Introduce new products
2 Change in Owernship
2.1 Become a PLC from a LTD
2.2 Increase number of partners
2.3 From an unincorporated
2.3.1 To incorporated
3 Merge with another business
3.1 Increase working captial
3.2 Increase customer base
3.3 Increase productivity
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