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PX Mart (全聯）bought RT-MART(大潤發） by 15 billions NTD

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Carrefour takeovers the

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Volkswagen bought Porsche to decrease competitors.

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Amazon buying LoveFilm

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External growth refers to the expansion of business by relying on the synergy of internal and external resources and capabilities.

Example:

Volkswagen buying Porsche to expand its brand.

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In large company, when they make decision, they need  a bunch of procedures to decide.
Maybe will delay

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In 2013, American Airlines merged with US Airways.

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PSG bought Talon Esports for esports cooperation.

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Also known as organic growth, expansion within a business such as expanding the range of products, locations. For an example, Chipotle is opening a new store in Taiwan.

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Small companies have limited resources and once they lose money, they can only be borne by a few people.

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growth of a company that results from using external resources and capabilities rather than from internal business activities

Facebook partnerships with Ray-Ben to invents its virtual glasses.

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United Airline bought Continental Airline and they merged together into one large company, this is external because they expanded by acquiring another business.

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Internal growth is the organic development of an organization through strategic decision-making designed to increase a company's size

Starbucks expand its stores around the world.

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External growth means that businesses expand by taking over or merging with another business.

Example:

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Carrefour (家樂福) bought the Wellcome （頂好）grocery store chain, and they are now one company （in Taiwan）

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Large company have more capital and resources

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Small company can make decision quickly, when they want to or try to develop new product

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In 2019, United Technologies merged with Raytheon to create Raytheon Technologies.

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The definition of External Growths is when a business grows by purchasing or merging with another business

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External growth usually involves a merger or takeover. For example, Evergreen, political will affect it.

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Internal growth refers to expansion from within the business, such as expanding the range of products and locations of stores.

Example: Starbucks expands its stores around the world.

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Emerging with another company or taking over a company to expand its scale of operations.

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The Boeing Company is the largest aerospace company in the world, thanks to its 1997 merger with McDonnell Douglas Corporation and its 1996 purchase of the defense and space units of Rockwell International Corporation.

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a company uses its own tools and resources to expand company

Apple expands its store to Kaohsiung.

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The definition of Internal Growth is when a business grows by developing their own new product/location/etc, an example is Starbucks developing new tea drinks for stores in Taiwan, this is internal because even though they moved to the new country, they still expanded their business from the inside

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Internal growth is the organic development of an organization through strategic decision-making designed to increase a company's size. For example, when Apple create a new iphone.

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Internal growth occurs when a business gets larger by increasing the scale of its own operations rather than relying on integration with other businesses. For example, expanding the product range, or number of business units and location.

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Large companies usually have poor flexibility.

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Hard to make decisions because there are too many people in the company.

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Not all the stakeholders are included in discussion.

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the one owner has to take all the responsibilities of financial lost

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The slow-decision making could drag the progress of the big business

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It is quite stressful as a business owner because as an owner, you are the business.

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It's hard to make a call or decision because there are too many people are involved in the business.

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It is very limited, so it can be harder to get financial/specialist sources compared to large organizations

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Small businesses are easier to maintain, decisions can be made easier compared to large companies.

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Poor flexibility. Large businesses tend to be less flexible and adaptive to change. They are often not able to respond quickly to meet changing customer needs and wants

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Small-scale operations tend to be much more reliant on loans.

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Financial risky. Most people who created the small organization are using their personal savings, investments, or retirement funds. It's very risky for putting all of your money into business.

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As a small business, it is very easy to be affected by negative impact of external change such as: police, pandemic, nature disaster

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Large companies usually have people who have expertises in different areas. They give a good opportunity for new workers to learn.

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Large company are often more efficient than small ones because they can gain from economies of scale.

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More capital . They can have larger cash flow because of more employees are working.

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Able to research and innovate new, expensive products.

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Small businesses are able to adapt quickly to the market.

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More established and have greater access to funding.

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Large businesses usually have better access to capital as they have access to several different sources of finance such as issuing debentures. By Ryan Lo

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As a large organization, it can set a certain price, and the other similar company will have to follow

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Independence. Entrepreneurs are their own bosses. They make the decisions. They choose whom to do business with and what work they will do. They decide what hours to work, as well as what to pay and whether to take vacations.

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Flexibility, generally lean staffing, and the ability to develop close relationships with customers.

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A company want to try new product, and they can very quick to adapt without long-term decision-making

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Small businesses are more flexible than larger businesses. Justin L

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Small businesses are more flexible than larger businesses. Justin L

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3 employees who have the control of the business and able to make decisions in a short amount of time. Lucas