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Type Of Business Growths

Business A Level

Date : 17/09/2023

Author Information

Elicia

Uploaded by : Elicia
Uploaded on : 17/09/2023
Subject : Business Studies

Business Growth:


ECONOMIC GROWTH

Capital expenditure increase to achieve long term growth

Economic growth occurs as a result of increases in the production of goods and services.

Increased consumer spending, increased international trade, and businesses that increase their investment in capital spending

Impact the level of production of goods and services in an economy.

Capital Growth increases the chance for INVENTION and MARKETING STRATEGIES.

What can the business do with more money? How does it impact the business long term? Why is that a positive? Is it better to achieve short term or long term goals as a business? Does this differ depending upon the type of business that it is?


PRODUCT GROWTH

Domestic v International Level

This type of growth varies upon the TYPE of business that it is - link back to overall aims and objectives

Currency fluctuation = business consideration of trading in other countries. Taxes? Policies? Exchange Rates?

Direct Investment = investors / shareholders can directly provide funds to host the product or service in the country. Really need to focus and zone into laws of the other country. Have to follow the other obligations and regulations that are implemented in the interested country.

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