Business Inegration

Choose all the appropriate communication method!

• Speed

• Law

• Leadership style

• Cost

• Financial status

Mention the advantages of verbal communication

• Information can be given out quickly

• Opportunity for immediate feedback

• Body language of the speaker

• The way the speaker speaks if they lie

Nike buying a materials producer would be a form of...

• Vertical Forward Integration

• Horizontal Integration

• Vertical Backward Integration

• Diversification

Some mergers / takeovers in the UK are blocked by the government (CMA). This is because mergers / takeovers can lead to a lack of choice for consumers. A lack of competition between businesses in a market could lead to...

• Lower prices and better customer service

• Higher prices and worse customer service

A cable television company merges with a company that uses satellite dish technology to provide television service to consumers.

• Horizontal

• Vertical

• Conglomerate

Kraft took over Cadbury in 2010. Which type of business growth is this an example of?

• Internal (organic) growth

• External growth

It is a somebody who has the ability, enthusiasm, vision, skills to come up with a business idea and gather together the resources to enable production to take place.

• Entrepreneurship

• Entrepreneur

• Businessman

• Partner

If one worker is absent from the production line and no one else can do their job, this is a disadvantage of______

• added value

• there being four factor of production

• people having unlimited wants

• division of labor

What is one way communication?

• A message that doesn't call for or require a response

• A message that call for or require a response

• Communicating with one person

• Communicating with only one business employee

It is a person who owns shares in a company and therefore gets part of the company's profits and the right to vote on how the company is controlled

• stakeholder

• shareholder

• investors

• entrepreneur