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Growth and Evolution

Daniel Eatroff

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Across
4.The party in a franchising agreement that is purchasing the right to use a business's trademarks, associated brands and other proprietary knowledge in order to open a branch
6.Factors which determine that as a business becomes larger it becomes less efficient (3 Words)
11.Process by which a firm gets larger from expanding by using its own resources (2 Words)
12.A combination of two companies
Down
1.A corporation or an enterprise that manages production or delivers services in more than one country (2 Words)
2.Process by which a firm grows by taking over or merging with another firm (integration) (2 Words)
3.An agreement between two, or more organisations, to undertake a particular business activity (2 Words)
5.A collaborative agreement between two or more independent firms to pursue a set of agreed goals (2 Words)
7.Agreements between two parties
8.Factors which determine that as a business becomes bigger it becomes more efficient (3 Words)
9.The process when when one firm buys another, with or without its approval
10.A firm which already has a successful product or service

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