Paper 1 · business growth
State one method of organic (internal) business growth, as distinct from external growth achieved through a merger or takeover.
Model answer
opening new branches
Also accepted: increasing output, entering new markets, penetrating new markets
Explanation: Organic growth is achieved by expanding the firm's own existing operations, for example by opening new branches, increasing output, or penetrating new markets, rather than combining with another business.
Derived from ZIMSEC Business_studies Paper 1, November 2019, Q2
