Where a business grows naturally without merging or taking over other businesses is described as what?

Where a business grows naturally without merging or taking over other businesses is described as what?

• A. Organic Growth
• B. Inorganic Growth
• C. Global Expansion
• D. Diversification

Answer: (A)

Organic growth describes growth that comes from within the company using its own resources. This means things like increasing sales to existing customers, attracting more customers with current products and channels, or developing and launching new products with the same technology and distribution networks. It contrasts with inorganic growth, which happens through mergers or acquisitions. Global expansion refers to entering new geographic markets and can be achieved in different ways, not necessarily internal development. Diversification is about adding new products or entering new markets, which can be done internally or via external moves, but the phrase about growing naturally without merging or taking over points to organic growth.

Organic growth describes growth that comes from within the company using its own resources. This means things like increasing sales to existing customers, attracting more customers with current products and channels, or developing and launching new products with the same technology and distribution networks. It contrasts with inorganic growth, which happens through mergers or acquisitions. Global expansion refers to entering new geographic markets and can be achieved in different ways, not necessarily internal development. Diversification is about adding new products or entering new markets, which can be done internally or via external moves, but the phrase about growing naturally without merging or taking over points to organic growth.