Abstract (eng)
A company can grow in two ways, internally and externally. Internal growth can be achieved through market, research and development and physical investments. External growth refers to expansion via mergers and acquisitions, which play an ever increasing role nowadays. The first part of this work analyses the strategies, empirical work, advantages and disadvantages of internal and external growth and then compares the two sources of growth. In the second part of this paper, the theoretical concepts of growth are applied to Heineken’s case, on of the world’s largest brewers. The case study describes which of the growth strate-gies Heineken put into practice and how this was accomplished.