Conglomerate integration is also known as:
Globalisation
Industrialisation
Diversification
Liberalisation
Which of the following sector made up of government/state owned and controlled business and organisations?
Private
Public
Both 1 and 2
Cooperative
Which of the following has no government control over factors of production?
Command economy
Mixed economy
Free market economy
Socialist economy
Which of the following has both a private sector and a public sector?
Capitalist economy
A free market economy is also known as :
Market economy
Planned economy
When firm merges with or takes over a firm in a completely different industry, it is called:
Vertical integration
Horizontal integration
Conglomerate integration
Amalgamation
Which of the following methods of production may be used by a company employing many workers?
Capital intensive
Labour intensive
Capital employed
Labour employed
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
Which type of growth occurs when a business expands its existing operations?
Internal
External
Merger
