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3.2 Why do firms grow?

What students need to learn:

Students should be able to:
Additional Guidance Notes
Company growth
Discuss how and why firms grow.
Students should be able to distinguish between forward, vertical and conglomerate integration, and know the reasons for such mergers/takeovers.

Students will need to know why some firms tend to remain small and others grow.

Students should also understand the reasons for demergers.

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