Growth or firms
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- Created by: Bananabear
- Created on: 08-06-15 16:46
Other questions in this quiz
2. Which of these are ALL benefits of growth
- No more competition, possible job loss, higher prices to pay
- Increased profit, increased market share, less choice for customers
- Increased profits, increased market share, new ideas gained
- Increased employment, new ideas gained, possible diseconomies of scale
3. What is the name of growht generated through a merger or takeover?
- External
- Internal
- Kaitlin
- Mark
4. Why do firms grow?
- Help to increase profit/brand image
- To help decrease unemployment
- The government forced them to
- To beat other firms
5. Which of these are ALL costs of growth
- Possible job loss, higher prices to pay, costs alot to merge
- Internal growth, less choice for customers, possible diseconomies of scale
- No more competition, possible job loss, higher prices to pay
- Possible diseconomies of scale, new business may not need all workers, external growth
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