The decline in the manufacturing or secondary sector of industry is called:
Industrialisation
De-industrialisation
Privatisation
Globalisation
When a business takes over another business, it is termed:
Internal growth
External growth
Merger
Substitution
Command economy is also known as:
Free market economy
Mixed economy
Planned economy
Socialist economy
When a firm integrates with another firm which is at a later stage of production, that is closer to the consumer, it is termed:
Forward vertical integration
Back ward vertical integration
Conglomerate integration
Diversification
How many different types of economic systems are there?
Two
Three
Four
Five
When firm merges with or takes over a firm in a completely different industry, it is called:
Vertical integration
Horizontal integration
Amalgamation
Integration
When one firm merges with or takes over another one in the same industry at the same stages of production, it is termed:
Conglomerate integration is also known as:
Liberalisation
A business which controls all of the market for a product.
Oligopoly
Duopoly
Monopoly
Monopsony