Keep a Personal Checklist:
Using examples, distinguish between economies and diseconomies of scale [AO2]
What is meant by the optimal size of a business [AO2]
Distinguish between internal and external growth [AO2]
Analyze the limitations of organic growth [AO2]
Distinguish between joint ventures and strategic alliances [AO2]
Define a multinational company [AO1]
Examine the merits and limitations of small businesses vs. large business
Examine benefits of mergers and acquisitions as forms of external growth
Examine the advantages and disadvantages of franchising as a method of growth
Discuss the impact of globalization on business growth and evolution
Examine the impacts multinational companies have on host countries