Size of Business

Which of the following is not an effective way of measuring the size of a business

• Number of employees

• Value of the capital invested

• Value of sales

• Profit level

Which of the following options is most likely to be a reason why a firm may wish to expand?

• To keep control of the business

• To encourage competition

• To increase the level of profits the firm will make

• To avoid publicity

Revenue definition is........

• The total value of all long-term finance invested in the business

• Sales of the business as a proportion of total market sales

• Total value of sales made by a business in a given time period

• The total value of a company's issued shares

How can small firms best compete against large rivals?

• By giving affordable prices

• By offering better customer services

• By using advertising

• By providing unique product-design

How many ways to measure size of business.......

• 1

• 3

• 5

• 7

Sales of the business as a proportion of total market sales

• Market capitalisation

• Market share

• Revenue

• Capital employed