Cambridge O Level Business Studies · Syllabus 7115 · Understanding Business Activity
Internal Growth
What is Internal Growth?
Expansion achieved by increasing the scale of a business's own existing operations, for example by opening additional branches, increasing production capacity, recruiting more staff or developing new products. It is usually easier to control and can be financed from retained profit, but it is normally slower than external growth.
This definition is part of the Understanding Business Activity chapter in Cambridge O Level Business Studies.
Last reviewed Syllabus 2026