Which of the following is an agreement between firms in which each agrees to commit resources to achieve an agreed set of objectives?
Joint ventures
Strategic alliances
Globalisation
Which of the following is the total value of all long term finance invested in the business?
Sales turnover
Purchase turnover
Capital employed
Inventory turnover
Loan guarantee scheme is a:
Government funded scheme
Private sector funded
Foreign trade
Cooperative scheme
Which of the following is the expansion of a business by means of opening new branches, shops or factories?
Internal growth
External growth
Economic growth
Social growth
An agreement by shareholders and managers of two businesses.
Merger
Synergy
Integration
Alliance
Small firms are also known as:
Macro enterprises
Micro enterprises
Private enterprises
Medium enterprises
Which of the following can benefit from the cost reductions associated with large scale production?
Small business
Large business
Middle business
Economies
Which of the following is the total value of a company's issued shares?
Over capitalisation
Under capitalisation
Market capitalisation
Inventory capitalisation
Takeover is referred to as:
Acquisition
Industrialization
Diversification
Small businesses can be managed and controlled by the:
Owner
Producer
Creditor
Debtor
