9BS Final Exam Sem 1 Review

Which is NOT an accurate way to measure business size?

• profit

• number of employees

• Sales revenue

• Capital employed

Which NOT part of the group?

• Conglomerate

• Lateral integration

• takeover

• horizontal integration

The amount of money that a company actually receives during a specific period.

• profit

• cost

• price

• revenue

It is also known as 'organic growth?'

• external growth

• internal growth

• economies of scale

• conglomerate

It is where one company buys another company and so gains control of it.

• takeover

• merger

• integration

• conglomerate

It is where two companies join together by mutual agreement- either establishing a completely new business or keeping their separate identities

• acquisition

• takeover

• integration

• conglomerate

Large business can afford expensive machineries. What type economies of scale is this?

• technical

• financial

• managerial

• trading

Large firms have access to more sources of finance than small firms, often at a lower rates of interest. What type of economies of scale is this?

• technical

• managerial

• financial

• trading

It is an amount of money given especially by the government to a person or organization for a special purpose. This is given where the start-up helps the government achieve objectives like to reduce unemployment

• loan

• interest

• grant

• profit

It is an amount of money that is borrowed, often from a bank, and has to be paid back, usually together with an extra amount of money that you have to pay as a charge for borrowing.

• grant

• profit

• loan

• sales revenue