π Real-world Example: Think of it like growing apples. You can either plant your own trees and wait (internal) or buy an existing apple farm (external).
π Real-world Example: McDonald's buying Burger King (hypothetically!). Either a merger or one taking over the other.
Integration Types π
Franchising π
π¦ Real-world Example: You opening a Dairy Queen store. You get their branding and recipes (Franchisee perks) but have to follow their rules (Downsides).
Remember! Growth strategies can be a win or can cause issues. Like eating a big meal, feels great but can lead to a tummy ache if not done right! ππ€’ Always think and choose wisely! π€
Happy Studying! πππ
Dive deeper and gain exclusive access to premium files of Business Management SL. Subscribe now and get closer to that 45 π
π Real-world Example: Think of it like growing apples. You can either plant your own trees and wait (internal) or buy an existing apple farm (external).
π Real-world Example: McDonald's buying Burger King (hypothetically!). Either a merger or one taking over the other.
Integration Types π
Franchising π
π¦ Real-world Example: You opening a Dairy Queen store. You get their branding and recipes (Franchisee perks) but have to follow their rules (Downsides).
Remember! Growth strategies can be a win or can cause issues. Like eating a big meal, feels great but can lead to a tummy ache if not done right! ππ€’ Always think and choose wisely! π€
Happy Studying! πππ
Dive deeper and gain exclusive access to premium files of Business Management SL. Subscribe now and get closer to that 45 π
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