3.1 Business growth

Spec: what students need to learn

• Reasons why some firms stay small and others grow
• Divorce of ownership from control: the principal-agent problem
• Public and private sector organisations
• Profit and not-for-profit organisations

Full notes coming soon.

Spec: what students need to learn

• Organic growth, forward and backward vertical integration, horizontal integration, conglomerate integration
• Advantages and disadvantages of each
• Constraints on growth: size of the market, access to finance, owner objectives, regulation

Full notes coming soon.

Spec: what students need to learn

• Reasons for demergers
• Impact on businesses, workers and consumers

Full notes coming soon.

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