Methods of expansion
expansion is a company which grows into a bigger company.
A merger is when two companies join together to make a bigger company, e.g. orange and T-Mobile made EE.
A takeover is when one company takes over another, this can cause a lot of disagreement, e.g. Kraft took over Cadbury.
Franchising is when you can be a boss of a sector of the company although you didn't create the company and example of this is Mcdonalds.
Organic growth is when a company grows itself naturally without outside owners.
pros/cons of a merger and takover
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.