Internal Growth is expanding a firm’s capital and facilities as the market for that firm’s output grows.Question 22Select one:TrueFals

Expanding the size of a firm by adding another firm through its purchase or other means of merger is Internal Growth.Question 21Select one:TrueFalse

Evaluate the different types of growth a firm can use to expand its operation.

Define external growth of firms

All of the following are sources of economic growth EXCEPT for which one?Multiple choice question.TechnologyHuman capitalPhysical capitalConsumer spending

Internal development should occur when the firm's resources are Blank______ to those of competitors in the targeted area.Multiple choice question.only superiorboth similar and superiorneither similar nor superioronly similar