Methods of Expansion
Expansion-is when a company gets bigger.
Organic-growth is when a business gets bigger naturally.
A Merger-is when two companies combine.
A Takeover-is when one business takes over another.
Franchising-grants the right to use products/name.
Pros of a Merger/Takeover
from a merger and takeover you would receive:
learn new ideas,
possibly less competition;
spread your company across the whole planet.
although the cons would be:
arguments may occur,
affect the community;
people can lose jobs.