Topics of this game:
- financial advantage (falling average costs) of producing something in very large quantities.
- rising average costs when a frim gets too big
- Occurs when a business expands using its existing operations
- Occurs when a business relies on third-party organizations for growth. E.g. mergers, franchising and acquisitions.
- The joining of two or more companies to achieve greater efficiencies of scale and productivity.
- Is the process of acquiring a company to build on strengths or weaknesses of the acquiring company.
- A form of external growth that occurs when one company buys a controlling interest in another company.
- Is an arrangement between two or more separate parties to pool their resources together to form a new legal entity.
- Are formed when two or more businesses join forces to benefit from growth without any fundamental changes to their own long-term strategies.
- Refers to an agreement between a business (franchisor) giving the legal tights to other organizations (the franchisee) to sell their products under th
- The owner of an organization who allows someone to operate under their name.
- Someone who operates under the franchisor
- It can be defined as the increased integration of the world's economies.
- Is an organization that operates and owns/controls production or services in two or more countries.
