Cambridge O Level Business Studies · Syllabus 7115 · Understanding Business Activity
External Growth
What is External Growth?
Expansion achieved by combining with or acquiring another business, through a merger, a takeover or a joint venture. It can give rapid access to new markets, skills, capacity and customers, but it typically costs more and risks culture clashes, communication problems and loss of control.
This definition is part of the Understanding Business Activity chapter in Cambridge O Level Business Studies.
Last reviewed Syllabus 2026