Which method of growth involves employing another business to produce products or provide services?

1.7 Expanding a Business

Quiz
•
Business
•
9th - 12th Grade
•
Hard
Scott Reagan
FREE Resource
8 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
E-commerce
Franchising
Outsourcing
Merger
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these is a type of diseconomy of scale?
Increased motivation
Investment in technology
Lower average unit costs
Poor communication
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a potential disadvantage of outsourcing?
Access to specialised skills
Cost savings
Loss of control over quality
Increased focus on core activities
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which growth strategy involves a company merging with another company in the same industry?
Horizontal integration
Forwards Vertical integration
Conglomerate merger
Backwards Vertical integration
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a benefit of vertical integration?
Reduced dependency on suppliers
Higher advertising costs
Increased competition
Lower employee retention
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential drawback of a merger between two companies?
Access to new markets
Larger market share
Cultural clashes
Increased innovation
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which method of growth involves a company acquiring another company in a different industry?
Horizontal integration
Backwards Vertical integration
Conglomerate merger
Forwards Vertical integration
8.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a potential risk of a merger?
Enhanced brand recognition
Economies of scale
Employee redundancies
Increased market share
Similar Resources on Wayground
10 questions
GROWTH STRATEGIES

Quiz
•
11th - 12th Grade
9 questions
ch - 3 Business growth

Quiz
•
9th Grade
10 questions
Mergers and Acquisitions: Benefits and Risks

Quiz
•
12th Grade - University
10 questions
Size of business

Quiz
•
12th Grade
10 questions
5-5 Mergers and Acquisitions

Quiz
•
9th - 12th Grade
13 questions
2.1.1 - Business growth

Quiz
•
9th - 10th Grade
10 questions
Enterprise, Business growth and size

Quiz
•
9th - 12th Grade
12 questions
Size of Business A2

Quiz
•
11th - 12th Grade
Popular Resources on Wayground
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice

Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers

Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade
Discover more resources for Business
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade