Takeover is referred to as:
Acquisition
Integration
Industrialization
Diversification
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?
Internal growth
External growth
Economic growth
Social growth
Which of the following is the expansion of a business by means of opening new branches, shops or factories?
Population growth
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 are able to adapt quickly to meet changing customer needs?
Large firms
Small firms
Medium firms
Cooperatives
Market share is a:
Simplest measure
Relative measure
Complex measure
Comparative measure
Which of the following is the sales of the business as a proportion of total market sales?
Market share
Market capitalisation
Share
Stock turnover
The main aim of owners and directors is:
Capital
Dividend
Profit
Credit
An agreement by shareholders and managers of two businesses.
Merger
Synergy
Alliance
Which of the following are very important to all economies?
Middle firms
Service firms