
Understanding Big Business Concepts
Flashcard
•
Social Studies
•
11th Grade
•
Practice Problem
•
Hard
Melanie Garlington
FREE Resource
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10 questions
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1.
FLASHCARD QUESTION
Front
Definition of Big Business
Back
Large-scale corporate-controlled financial or business activities
2.
FLASHCARD QUESTION
Front
Characteristics of Big Business
Back
High capital, large workforce, extensive market reach
3.
FLASHCARD QUESTION
Front
Monopoly
Back
Market structure where a single firm dominates
4.
FLASHCARD QUESTION
Front
Oligopoly
Back
Market dominated by a few large firms
5.
FLASHCARD QUESTION
Front
Economies of Scale
Back
Cost advantages due to large-scale production
6.
FLASHCARD QUESTION
Front
Conglomerate
Back
Corporation made up of different, unrelated businesses
7.
FLASHCARD QUESTION
Front
Vertical Integration
Back
Control of supply chain from production to sale
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