Loan guarantee scheme is a:
Government funded scheme
Private sector funded
Foreign trade
Cooperative scheme
Which of the following means that the whole is greater than the sum of parts?
Synergy
Merger
Take overs
Alliance
Capital employed is the total value of all:
Long term investment
Short term investment
Both 1 & 2
Loans
Which of the following are very important to all economies?
Large firms
Middle firms
Small firms
Service firms
An agreement by shareholders and managers of two businesses.
Integration
Small firms are also known as:
Macro enterprises
Private enterprises
Micro enterprises
Medium enterprises
Which of the following is the expansion of a business by means of opening new branches, shops or factories?
Population growth
External growth
Economic growth
Internal growth
Which of the following is the business expansion achieved by means of merging with or taking over another business, from either the same or a different industry?
Social growth
Who manages and controls small businesses?
Owner
Producer
Creditor
Debtor
Which of the following are able to adapt quickly to meet changing customer needs?
Medium firms
Cooperatives
