Which of the following is also called integration?
Internal growth
External growth
Factors of production
Liberalisation
Privatisation
Industrialisation
Integration
Globalisation
A free market economy is also known as :
Mixed economy
Market economy
Planned economy
Socialist economy
Which of the following methods of production may be used by a company employing many workers?
Capital intensive
Labour intensive
Capital employed
Labour employed
Profit is not always an aim of business in the:
Private sector
Public sector
Industrial sector
Service sector
When a firm merges with or takes over a firm in a completely different industry, it is called:
Vertical integration
Horizontal integration
Conglomerate integration
Amalgamation
Merger
Takeover
What is a business which controls all of the market for a product called as?
Oligopoly
Duopoly
Monopoly
Monopsony
Businesses produce goods to make a:
Profit
Land
Labour
Brand name
