Business Growth and Development Quiz

What is a clear sign of business growth?

• Reduced market share

• Lower number of employees

• Increased sales revenue

• Decreased sales revenue

Which of the following is NOT an indicator of business growth?

• Increased capital

• Decreased product offerings

• Increased profit

• Opening more branches

What factor promotes business growth by providing financial resources?

• High interest rates

• Adequate capitalization

• Inadequate capitalization

• Strict collateral requirements

Which of the following is a barrier to business growth?

• Quality of workers

• Availability of market

• High tax burden

• Proper business planning

What type of merger occurs between companies at the same stage of production?

• Conglomerate merger

• Vertical merger

• Acquisition

• Horizontal merger

Which of the following is an internal growth strategy?

• Merging with other firms

• Acquisition

• Franchising

• Improving customer care

What is a benefit of forward integration?

• Assured supply of essential components

• Reduced competition

• Assured outlet for products

• Access to new markets

Which of the following is an example of a conglomerate merger?

• Chocolate manufacturer merging with a photography company

• Chocolate manufacturer merging with a cocoa farm

• Chocolate manufacturer merging with a retail store

• Chocolate manufacturer merging with another chocolate manufacturer

What is a strategic alliance?

• An acquisition of one company by another

• A type of internal growth strategy

• A merger of two companies

• A partnership to achieve goals while remaining independent

Which of the following is NOT a factor that hinders business growth?

• High interest rates

• Bureaucratic challenges

• Lack of government support

• Adequate capitalization