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benefits of growing a business
Today we will be talking about the advantages and disadvantages of growing. first we will talk about two of the advantages and they are large firms have more influence over market price, and they are big enough to be price settlers.
Economies of scale
Next is economies of scale . Economies of scale is a major competetive advantage that a larger firm has
Methods of expansion
The next subject will be methods of expansion. methods of expansion are the way a business can grow in size.
Now the next one is internal growth. Internal growth is the gaining of employees and equipment needed for the business
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