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renee9913
renee9913
25.01.2022 • 
Business

TelCom owns a phone network and provides phone network services to many consumers. The business does not manufacture phones and it does not own retail stores selling them. Senior managers at TelCom are considering a takeover of either a phone manufacturer or a chain of phone shops. TelCom employs 4000 workers and, last year, recorded total sales of $300 million. In contrast, the largest manufacturer of mobile phones, PhonTec, has 450 workers and recorded total sales last year of $1200 million. a) What is meant by 'takeover'? (1)

b) Identify two other ways a business might grow apart from takeovers. (2)

c) Identify and explain two reasons why external groups would be interested in measuring the size of businesses such as TelCom. (2)

d) How should TelCom expand - taking over a phone manufacturer or a chain of shops selling mobile phones? Justify your answer. (2)

I need the answer for d) in 10 mins ASAP

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