The Business Organisation 2.0 / 5 based on 1 rating ? Business StudiesExpanding a BusinessGCSEAQA Created by: JoeAllen22Created on: 07-01-15 09:36 Methods of Expansion Organic Growth Designing and developing new product ranges Implementing marketing plans to launch existing products directly into new markets (e.g. exporting) Opening new business locations – either in the domestic market or overseas Investing in research and development to support new product development Investing in additional production capacity or new technology to allow increased output and sales volumes Training employees to help the best acquire new skills and address new technology Becoming a franchise Inorganic Growth Takeovers Mergers 1 of 1
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