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Business in the Real World - Deep Dive 8: Growing Big – The Challenges and Rewards of Business Expansion
Manage episode 458940606 series 3628695
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Episode 8: Growing Big – The Challenges and Rewards of Business Expansion
In this episode, we take a deep dive into how businesses expand and the benefits and risks that come with it. From organic growth strategies like opening new stores or franchising to external methods like mergers and takeovers, we explore the many ways businesses can scale up.
We break down the concepts of economies of scale—how bigger businesses can cut costs—and diseconomies of scale, the challenges that growth can bring. Using examples like Disney's diversification into television and Coca-Cola’s acquisition of Innocent Drinks, we illustrate the strategies and stakes of business growth.
Tune in to learn why expanding a business is both exciting and risky, and how companies can balance ambition with smart decision-making to succeed.
Credits: Audio and AI assistance powered by Google Notebook LM.
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