Firms can grow internally or externally. What is a characteristic of external growth?
- A direct investment in productive facilities in foreign countries B growth that results in external economies benefiting other firms C growth that results from mergers with, or acquisitions of, other firms D the financing of investment by the issue of bonds rather than retained profits[1]
Mark scheme
Marking points from the official mark scheme (Oct/Nov 2017). The mark or mark type is shown in brackets.
- [1] C
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