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SECTION 5: PRODUCTION (cont’d) CONTENT
SPECIFIC OBJECTIVES
Students should be able to: (a) Examples of internal growth:
11. explain how a business grows (i) opening other outlets;
(ii) employing more workers;
internally and externally; and,
(iii) increasing capital.
12. outline the opportunities for and
benefits of developing linkage (b) Examples of external growth:
industries; and, (i) joint ventures;
(ii) mergers; and,
13. explain the effects of growth on a (iii) takeovers/acquisitions.
business.
Linkage industries:
(a) backward; and,
(b) forward.
Growth of a business and effects on:
(a) organisational structure;
(b) capital;
(c) labour;
(d) use of technology; and,
(e) potential for export.

CXC 08/G/SYLL 17 27