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size of business (number of ways (number of employees (there are lots of…
size of business
number of ways
number of employees
there are lots of different options: high output level can employ few of people/ two part-time workers=one emp or two?
value of output
especi manufacturing-few people produce expensive,high output/cheaper products with lots of employees=>?
value of sales
dis:could be misleading to use the measure when comparing the size of business that sell very different items
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owners wanna bis grow..
more status and prestige for the owenrs,managers
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external growth
vertical merger
merges(take over)same ind, dif stage of production
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