Higher Business Management - Understanding Business Revision
Authored by Jo Liddell
Social Studies
1st - 12th Grade
Used 192+ times
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18 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which sector if industry consists of businesses providing information and knowledge-based services?
Secondary
Primary
Quarternary
Tertiary
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A PLC is a Private Limited Company ...
False
True
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The following disadvantage: Profits have to be split with many shareholders by issuing dividends is associated with which type of organisation?
Sole Trader
Charity
Social Enterprise
LTD
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which type of organisation aims to tackle a social issue?
Social Enterprise
Charity
Voluntary Organisation
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Samsung with its diverse portfolio is an example of what type of growth?
Forward Vertical Integration
Diversification
Horizontal Integration
Lateral Integration
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Due to reduced competition, the new larger business can raise prices = increasing profits is an advantage for ...
Horizontal Integration
Lateral Integration
Backwards Vertical Integration
Conglomerate Integration
7.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Which of the following are examples of Internal/Organic Growth
Launching new products/services
Hiring more staff
Increasing production capacity
Introducing e-commerce
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