External Growth in Business
Suggested Timeframe: 1-2 hours
Goal
To assist students in becoming more familiar with external growth within a business, in terms of the various activities, methods, directions and benefits of external growth.
Activities
Activity 1 Discussion
Start by establishing the subject of mergers and takeovers by asking students if they know of any companies that have been merged or taken over and whether anything changed about the companies. Make a list of examples with the class.
Activity 2 Quiz
Have students study the topic handout individually before forming into groups of four for the quiz (answers over page). Each team only has a few moments to discuss the question and give an answer. One point for each correct answer. For a more intense learning game, divide the topic into four subjects (such as mergers, take overs, growth direction and external growth advantages). After the students have studied the topic handout and formed groups, ask them to assign a number, from 1 to 4, for each team player. Each player is now the ‘expert’ on the subject assigned to their number, and only they can answer questions on that subject. This quiz is based on a resource from Co-operative Learning by Spencer Kagan.
Activity 3 Beebo Sports Scenario
Ask students to use the Beebo Sports Scenario section of the EXTERNAL GROWTH IN BUSINESS worksheet provided to fill in the diagram. Students can use the notes provided to help.
Resources
- www.takeovers.govt.nz (for the home page of the Government’s Takeovers Panel, which promotes public understanding of the Takeovers Act 1993)
