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Definitions and Meanings

End of Year Examination and Topic 2.1 Growing the business

Drag words to their meanings
Attempts by individual businesses to behave in an ethical manner.
Organic (or internal) growth involves expansion from within a business, for example by expanding the product range, or number of business units and location.
Where a business grows 'externally' usually through mergers or takeovers
A set of social principles that govern or influence how we behave. Ethical Behaviour Business behaviour which places moral values above maximising profits.
Measure of whether a production process can be continued into the long term. A business policy based on sustainability focuses on recycling, waste management and replanting.
Many companies have grown by diversifying. This means moving into other areas of production or sales. A conglomerate is a business that operates in many different markets.
Corporate responsibility
Organic Growth
Inorganic growth
Ethics
Sustainability
Diversification

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