Conglomerate integration is also known as:
Globalisation
Industrialisation
Diversification
Liberalisation
Which of the following integration happens when a firm integrate with another firm at an earlier stage of production, i.e. closer to the raw material supplies, in the case of a manufacturing firm?
Forward vertical
Back ward vertical
Conglomerate
None of these
Which of the following sector made up of government/state owned and controlled business and organisations?
Private
Public
Both 1 & 2
Cooperative
Which of the following sector of industry provides services to consumers and the other sectors of industry?
Primary
Secondary
Tertiary
Quaternary
How many different types of economic systems are there?
Two
Three
Four
Five
When one firm merges with or takes over another one in the same industry, but at a different stages of production, it is termed:
Horizontal integration
Vertical integration
Conglomerate integration
When a firm integrate with another firm at the earlier stages of production, that is, closer to the raw material supplies, in the case of a manufacturing firm, it is called:
Forward vertical integration
Backward vertical integration
Which type of growth happens when a business takes over or merges with another business?
Internal
External
Merger
Profit is not always an aim of business in the:
Private sector
Public sector
Industrial sector
Service sector
Conglomerate integration is also known as.
