Big Business (Part 1)

Why do we study Economics? (select all that apply)

• How to deal with limited resources

• How to deal with unlimited wants

• Learn about the impact of choices

• How to deal with unlimited resources

Who owns the Tropicana brand?

• PepsiCo

• Coca Cola Enterprises

Who owns the Coppella brand?

• PepsiCo

• Coca Cola Enterprises

Who owns the Innocent brand?

• PepsiCo

• Coca Cola Enterprises

An advantage of large organisations directly competing against each other (for the customer) is that they will reduce their prices to gain a larger market share.

• True

• False

An advantage of large organisations competing against each other (for the customer) is that they will use chemicals throughout their production process..

• True

• False

Large organisations are recognised as taking advantage of countries who have poor labour laws e.g. paying low wages.

• True

• False

A business takeover is defied as when one organisations gains _______ over another business.

How many forms of busienss takeover exist?

• 1

• 2

• 3

• 4

A business typically must secure over __% control to complete a successful takeover.