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GCSE
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More cards in this set
Card 16
Front
When businesses from different industries or markets join together
Back
Card 17
Front
When a company person or persons buys enough shares in another company to take control
Back
Card 18
Front
When a board of directors recommends a potential bid to its shareholders
Back
Card 19
Front
When a board of directors does not recommend a potential bid to its shareholders
Back
Card 20
Front
When two businesses in exactly the same market join together. Both must be at the same stage of production
Back
Card 21
Front
When two businesses in a similar market or industry join together. Both must be at the same stage production
Back
Card 22
Front
When two businesses in a similar market or industry join together. Both must be at different stages in the chain of production
Back
Card 23
Front
This occurs when a business further forward in the chain of production buys a business that is further back in the chain
Back
Card 24
Front
This occurs when a business further back in the chain of production buys a business that is further forward in the chain
Back
Card 25
Front
Benefits gained to a business of increased output or increased size. This is usually shown in terms of a reduction of costs per unit
Back
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