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 is also called integration?
Internal growth
External growth
Factors of production
Liberalisation
Which is the type of integration when one firm merges with or takes over another one in the same industry but at the different stages of production?
Horizontal
Vertical
Conglomerate
Diversification
What is a business which controls all of the market for a product called as?
Oligopoly
Duopoly
Monopoly
Monopsony
When a business takes over another business, it is termed:
Merger
Takeover
The decline in the manufacturing or secondary sector of industry.
Industrialisation
De- industrialisation
Privatisation
Globalisation
When one firm merges with or takes over another one in the same industry at the same stages of production, it is termed:
Horizontal integration
Vertical integration
Conglomerate integration
Businesses produce goods to make a:
Profit
Land
Labour
Brand name
