Other questions in this quiz

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

  • Kaitlin
  • External
  • Internal
  • Mark

3. Which of these are ALL costs of growth

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

4. Firms look to maximise

  • Loss
  • Profit
  • Employment
  • Unemployment

5. Why do firms grow?

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

Comments

No comments have yet been made

Similar Economics resources:

EU
See all Economics resources »See all Growth of firms resources »