Across
- 1. Expansion of a business
- 6. A firm removes layers of management
- 8. Business expansion via takeover or merger
- 9. Firms subcontract work to other firms
Down
- 2. Expansion from within the business e.g. by enlarging factories
- 3. A firm buys more than 50% of another firm's shares
- 4. A process by which firms slim down operations
- 5. Shareholders of two firms agree to join the firms together
- 7. Workers lose their jobs because the firm reduces production