Growth and evolution

Growth and evolution

11th - 12th Grade

14 Qs

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Growth and evolution

Growth and evolution

Assessment

Quiz

Business

11th - 12th Grade

Practice Problem

Medium

Created by

Morten Wincent

Used 40+ times

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14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A method of external growth that involves taking a controlling interest in another company

Diversification

Economies of scale

Franchise

Acquisition

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A high-risk growth strategy that involves new markets and new products

Differentiation

Diversification

Internal growth

Specialization

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The competitive gains a firm gets from being the first business in a particular market of segment

Premium perception

Differentiation

Strategic alliance

First-mover advantage

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Integration method that refers to mergers or acquisitions between firms that have operate in similar markets but are not competitors

Vertical integration

Horizontal integration

Synergy

Lateral integration

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A category of economies of scale that happens internally in a firm as it grows

Scale of merger

Internal economies of scale

Side economies of scale

External economies of scale

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

When larger firms gain cost savings in their purchasing

Risk bearing economies of scale

Marketing economies of scale

Technical economies of scale

Purchasing economies of scale

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Are formed when two or more firms work together without forming a new legal entity

Joint Venture

Public limited company (Plc)

Strategic alliances

Ansoff's matrix

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