Small firms are also known as:
Macro enterprises
Micro enterprises
Private enterprises
Medium enterprises
Which of the following means that the whole is greater than the sum of parts?
Synergy
Merger
Take overs
Alliance
The main aim of owners and directors is:
Capital
Dividend
Profit
Credit
An agreement by shareholders and managers of two businesses.
Integration
External growth is also referred to as:
Market value
Capital employed
Diversification
Market share is a:
Simplest measure
Relative measure
Complex measure
Comparative measure
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 are able to adapt quickly to meet changing customer needs?
Large firms
Small firms
Medium firms
Cooperatives
Which of the following can benefit from the cost reductions associated with large scale production?
Small business
Large business
Middle business
Economies
Loan guarantee scheme is a:
Government funded scheme
Private sector funded
Foreign trade
Cooperative scheme