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Methods of internal expansion
Description
Mind Map on Methods of internal expansion, created by emilykelly997 on 21/10/2013.
Mind Map by
emilykelly997
, updated more than 1 year ago
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Created by
emilykelly997
almost 11 years ago
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Resource summary
Methods of internal expansion
The firm can produce more of its current products to sell in its existing market.
An attempt to increase market share on a larger scale - e.g. across the country.
The business could sell current products into new markets.
Launching the firms products in another country. e.g. expanding from the UK to the US
Launching a new product
Line extension
Diversification
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