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Enumerate the Internal development of any business or 'organic growth'
Business grows using its own internal resources.
- Reduces risk of the high cost of integrating culture, systems and commitment from other organisations
- More control over growth for example incremental change rather than all at once
- Avoids the premiums paid for established organisations/brands
- Develops existing core competences of the organisation over the long-term.
Examine about Environmental (external) analysis "A study that considers potential environmental effects during planning phase before an investment is made or an operation start
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