Documente Academic
Documente Profesional
Documente Cultură
PERSONAL OBJECTIVES
Many small businesses are created to satisfy a
variety of personal objectives.
MAXIMIZING BENEFIT TO SOCIETY
A. Product/Market Expansion
B. Organic Growth
C. Growth by
Acquisition/Merger/Partnerships/Horizontal
and Vertical Integration
D. Globalization
ORGANIC GROWTH
Use of relatively cheap debt capital may be attractive while the firm is
profitable, but can leave the firm dangerously exposed when conditions
deteriorate