1. Business Growth and Expansion

2. Growth Through Reinvestment
Income Statement – report showing a business’s sales, expenses, net income and cash flows
Net Income – income after all expenses are taken out
Depreciation – noncash charge a business takes for general wear and tear on capital goods
Cash Flow – Sum on net income and noncash charges

3. Growth Through Reinvestment

4. Mergers
Horizontal
Vertical
Conglomerates
Multinationals

5. Mergers
Horizontal
Vertical
Conglomerates
Multinationals

6. Mergers
Horizontal
Vertical
Conglomerates
Multinationals

7. Mergers
Horizontal
Vertical
Conglomerates
Multinationals

8. Mergers
Horizontal
Vertical
Conglomerates
Multinationals

9. Real Life Examples With a partner or alone:
Find an example of Horizontal and Vertical mergers in real life.
Identify a real Conglomerate. Why do you think that this company is a conglomerate?
Identify a real Multinational. Why do you think that his company is a multinational?
How would your business merge Horizontally?
How would your business merge Vertically?