2.1 question

What is the act of creating new products or processes called?

• Research and development

• Innovation

• E-commerce

• Merger

What term describes using the internet to carry out business transactions?

• E-commerce

• Merger

• Takeover

• Multinational

What is it called when two or more businesses join together to operate as one business?

• Takeover

• Merger

• Retrenchment

• Stock Market Flotation

What is a business called that can sell shares to the public?

• Multinational

• Public Limited Company

• Stock Exchange

• Product Portfolio

What is the term for a business with operations in more than one country?

• Multinational

• E-commerce

• Merger

• Retrenchment

What are items owned by a business, such as premises, equipment, or stock, called?

• Assets

• Dividends

• Interest

• Culture

What is the cost of borrowing, or a percentage of the amount of money borrowed that must be repaid in addition to the original amount borrowed?

• Dividends

• Interest

• Secured

• Market share

What is the term for a percentage of a business’s profits that is paid to shareholders as a reward for their investment?

• Dividends

• Interest

• Assets

• Culture

What is the process of changing a business to a public limited company by issuing shares for sale on a stock exchange?

• Stock Exchange

• Stock Market Flotation

• Merger

• Takeover

What is the proportion of sales in a market taken by one business called?

• Market share

• Degree of Competition

• Product Portfolio

• Organisational structure