Flashcards
Size of Business A level
Flashcards do conjunto (9)
- 1External GrowthBusiness expansion achieved by means of merging or taking over another business, from either the same or a diferent industry.
- 2MergerAn agreement by shareholders and managers of two businesses to bring both firms together under a common board of directors with shareholders in both businesses owning shares in the newly merged business.
- 3TakeoverWhen a company buys more than 50% of the shares of another company and becomes the controlling owner of it,
a.k.a. acquisition. - 4SynergyLiterally meaning that "the whole is greater than the sum of parts", so in integration it is often assumed that the new, larger business will be more successful than the two, formerly separate, businesses were.
- 5Horizontal IntegrationIntegration with firms in the same industry and at the same stage of production.
- 6Verical Integration(1)Foward integration with a business in the same industry but a customer of the existing business.
- 7Vertical Integration(2)Backward integration with a business in the same industry but a supplier of the existing business.
- 8Conglomerate IntegrationIntegration with a business in a different industry.
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- Descrição
- A level Business FlashCards sobre Size of Business A level, criado por Aarushi Pandit em 16-08-2015.
- Criado por
- Aarushi Pandit
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