What benefits can be derived by a business from growth?
Economies of scale
Diseconomies of scale
Mergers
Overtrading
What is the other name given to a conglomerate merger ?
Vertical merger
Horizontal merger
Lateral merger
Diversifying merger
Which of the follwoing can casue external growth to occur?
Take over
Conglomerate
All of the above
Which one of the following is NOT a reason why business grow?
Be part of a strategy to increase sales or market share.
Be a result of growth in the market for their product
Reflect the personal aims of the owners or directors of the business
Influence of government
What is the other name given to a takeover?
Merger
Acquisition
Layoff
Which of the following is NOT a diseconomies of scale?
Size
Bureaucracy
Low employee morale
Technical economies
Which of the following methods is the most inaccurate method of measuring the size of a business?
Output method
Revenue
Capital employed
Profit
Which of the following are NOT a problem that a business has to overcome as it grows in size?
Competition rules
Financial and cash flow problems
Change in the form of business ownership
in what terms can you measure the size of a business?
What is the other name given for internal growth?
Mechanic growth
Organic growth
Lateral growth
Vertical growth