Business Growth

Pregunta 1 de 10

1

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

Selecciona uno de los siguientes:

VERDADERO
FALSO

Explicación

Pregunta 2 de 10

1

What is a monopoly?

Selecciona una de las siguientes respuestas posibles:

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

Explicación

Pregunta 3 de 10

1

When does organic growth occur?

Selecciona una de las siguientes respuestas posibles:

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

Explicación

Pregunta 4 de 10

1

Selecciona la opción correcta del menú desplegable para completar el texto.

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

Explicación

Pregunta 5 de 10

1

Hiring more staff is an example of external growth.

Selecciona uno de los siguientes:

VERDADERO
FALSO

Explicación

Pregunta 6 de 10

1

Selecciona la opción correcta del menú desplegable para completar el texto.

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.

Explicación

Pregunta 7 de 10

1

Selecciona la opción correcta de los menús desplegables para completar el texto.

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 ).

Explicación

Pregunta 8 de 10

1

Market power is not guaranteed with business growth.

Selecciona uno de los siguientes:

VERDADERO
FALSO

Explicación

Pregunta 9 de 10

1

Selecciona la opción correcta del menú desplegable para completar el texto.

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

	Creado por Taisiya Lebedeva hace más de 5 años

GCSE (REVISION) Business Studies Test sobre Business Growth, creado por Taisiya Lebedeva el 04/06/2019.

Business Growth

Pregunta 1 de 10

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

Selecciona uno de los siguientes:

Explicación

Pregunta 2 de 10

What is a monopoly?

Selecciona una de las siguientes respuestas posibles:

Explicación

Pregunta 3 de 10

When does organic growth occur?

Selecciona una de las siguientes respuestas posibles:

Explicación

Pregunta 4 de 10

Selecciona la opción correcta del menú desplegable para completar el texto.

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 )

Explicación

Pregunta 5 de 10

Hiring more staff is an example of external growth.

Selecciona uno de los siguientes:

Explicación

Pregunta 6 de 10

Selecciona la opción correcta del menú desplegable para completar el texto.

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.

Explicación

Pregunta 7 de 10

Selecciona la opción correcta de los menús desplegables para completar el texto.

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 ).

Explicación

Pregunta 8 de 10

Market power is not guaranteed with business growth.

Selecciona uno de los siguientes:

Explicación

Pregunta 9 de 10

Selecciona la opción correcta del menú desplegable para completar el texto.

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.

Explicación

Pregunta 10 de 10

How can a business grow in size?

Selecciona una de las siguientes respuestas posibles:

Explicación

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.