DP IB Business Management: Unit 1.5 Growth & Evolution (HL & SL)Complete PowerPoint covering business growth strategies, economies of scale, and external growth methods. Covers:Economies & diseconomies of scale (LRAC curve, internal vs. external)To grow or remain small: strategic motivations and advantagesInternal (organic) vs. external (inorganic) growthMergers, acquisitions, and takeovers: horizontal, vertical, conglomerate integrationJoint ventures vs. strategic alliances (Renault-Nissan, Son