Business Growth

Frage 1 von 10

1

Economies of scale are a major source of competitive advantage for large firms.

Wähle eins der folgenden:

WAHR
FALSCH

Erklärung

Frage 2 von 10

1

What is a monopoly?

Wähle eine der folgenden:

A government body
Two businesses joining together
When one retailer dominates a market

Erklärung

Frage 3 von 10

1

When does organic growth occur?

Wähle eine der folgenden:

When a company hires more staff
When a company merges with a rival
When a company takes over a rival

Erklärung

Frage 4 von 10

1

Wähle von der Aufklappliste, um den Text zu vervollständigen.

A business will benefit from growth because ( it will gain more market power, it will have more overheads, it will have more competition )

Erklärung

Frage 5 von 10

1

Hiring more staff is an example of external growth.

Wähle eins der folgenden:

WAHR
FALSCH

Erklärung

Frage 6 von 10

1

Wähle von der Aufklappliste, um den Text zu vervollständigen.

The risk of expansion means that some owners are reluctant to chance funds. They opt instead to stay ( big, small ) and earn a relatively risk-free profit.

Erklärung

Frage 7 von 10

1

Wähle von der Dropdown-Liste, um den Text zu vervollständigen.

Owners can face a dilemma in deciding whether to expand. Expansion is risky. There's always the chance that any expansion plans can fail and result in ( losses, profit ) rather than ( losses, profit ).

Erklärung

Frage 8 von 10

1

Market power is not guaranteed with business growth.

Wähle eins der folgenden:

WAHR
FALSCH

Erklärung

Frage 9 von 10

1

Wähle von der Aufklappliste, um den Text zu vervollständigen.

( Franchising, External growth, Internal (organic growth) ) - where a business merges with or takes over another organisation. Combining two firms increases the scale of operation.

	Erstellt von Taisiya Lebedeva vor etwa 5 Jahre

GCSE Business Studies (REVISION) Quiz am Business Growth, erstellt von Taisiya Lebedeva am 04/06/2019.

Business Growth

Frage 1 von 10

Economies of scale are a major source of competitive advantage for large firms.

Wähle eins der folgenden:

Erklärung

Frage 2 von 10

What is a monopoly?

Wähle eine der folgenden:

Erklärung

Frage 3 von 10

When does organic growth occur?

Wähle eine der folgenden:

Erklärung

Frage 4 von 10

Wähle von der Aufklappliste, um den Text zu vervollständigen.

A business will benefit from growth because it will gain more market power it will have more overheads it will have more competition( it will gain more market power, it will have more overheads, it will have more competition )

Erklärung

Frage 5 von 10

Hiring more staff is an example of external growth.

Wähle eins der folgenden:

Erklärung

Frage 6 von 10

Wähle von der Aufklappliste, um den Text zu vervollständigen.

The risk of expansion means that some owners are reluctant to chance funds. They opt instead to stay big small( big, small ) and earn a relatively risk-free profit.

Erklärung

Frage 7 von 10

Wähle von der Dropdown-Liste, um den Text zu vervollständigen.

Owners can face a dilemma in deciding whether to expand. Expansion is risky. There's always the chance that any expansion plans can fail and result in losses profit( losses, profit ) rather than losses profit( losses, profit ).

Erklärung

Frage 8 von 10

Market power is not guaranteed with business growth.

Wähle eins der folgenden:

Erklärung

Frage 9 von 10

Wähle von der Aufklappliste, um den Text zu vervollständigen.

Franchising External growth Internal (organic growth)( Franchising, External growth, Internal (organic growth) ) - where a business merges with or takes over another organisation. Combining two firms increases the scale of operation.

Erklärung

Frage 10 von 10

How can a business grow in size?

Wähle eine der folgenden:

Erklärung

A business will benefit from growth because ( it will gain more market power, it will have more overheads, it will have more competition )

The risk of expansion means that some owners are reluctant to chance funds. They opt instead to stay ( big, small ) and earn a relatively risk-free profit.

Owners can face a dilemma in deciding whether to expand. Expansion is risky. There's always the chance that any expansion plans can fail and result in ( losses, profit ) rather than ( losses, profit ).

( Franchising, External growth, Internal (organic growth) ) - where a business merges with or takes over another organisation. Combining two firms increases the scale of operation.