Growth or firms

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1. Which of these are ALL costs of growth

  • Internal growth, less choice for customers, possible diseconomies of scale
  • No more competition, possible job loss, higher prices to pay
  • Possible job loss, higher prices to pay, costs alot to merge
  • Possible diseconomies of scale, new business may not need all workers, external growth
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2. Which of these are ALL benefits of growth

  • Increased employment, new ideas gained, possible diseconomies of scale
  • Increased profits, increased market share, new ideas gained
  • Increased profit, increased market share, less choice for customers
  • No more competition, possible job loss, higher prices to pay

3. What is the name of growht generated through a merger or takeover?

  • External
  • Internal
  • Kaitlin
  • Mark

4. What is the name of growth generated through increasing sales?

  • Alice
  • Steve
  • Internal growth
  • External growth

5. Why do firms grow?

  • Help to increase profit/brand image
  • The government forced them to
  • To beat other firms
  • To help decrease unemployment

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