Growth & Evolution (DP IB Business Management: HL)

KoriFun Solutions Ltd, a toy manufacturer based in Seoul, has experienced decreasing average costs as a result of purchasing economies as its production volume has increased.

MetroBank PLC increased its workforce to 15,000 employees in 2024. The organisation now faces diseconomies of scale associated with this rapid growth.

ArtisanBake Ltd operates three small bakeries in Dublin. The owner's main objective is satisficing, by maintaining close relationships with customers rather than expanding nationwide.

Global Mining Corporation has expanded its quarrying operations across North America and Asia in recent years, achieving rapid growth.

Nordic Electronics AS recently underwent a horizontal integration with its main competitor in Stockholm to improve its market position.

WorldGym PLC uses franchising to expand its fitness centres globally. More than 4,700 gyms now operate across Europe under the WorldGym brand name.

ASOS, an online fashion retailer, plans to grow by expanding into Asian markets to increase market share and profitability. The company believes its current size limits its ability to compete with larger rivals due to higher unit costs and reduced bargaining power with suppliers.