Growth

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What is unplanned growth and give an example of this ?
When a firm grows by accident. An example is Baggit, which is now one of India's leading suppliers of luxury handbags. Nina Lekhi, did take her business seriously initially but as her designs became more popular with Indian women more and more retailers w
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What is planned growth?
When firms grows in order to achieve an objective
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What are the 4 reasons for planned growth?
To increase profitability
To become efficient
Achieve market dominance
Managerial objectives
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An example of a firm achieving high profit as a result of planned growth
In August 2014
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What is Grieners Growth Model ?
Theory that firms pass through six phases of growth when they expand. Each phase beings with a period of sustained growth which is then followed by a crisis.
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What happens when a crisis occurs ?
When a crisis occurs a firm must recognise if its to continue to grow and progress through to the next stage
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Phase 1
What is it?
Phase 1-Growth through creativity
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What is planned growth?

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When firms grows in order to achieve an objective

Card 3

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What are the 4 reasons for planned growth?

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Card 4

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An example of a firm achieving high profit as a result of planned growth

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Card 5

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What is Grieners Growth Model ?

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