wayground logo

Free Printable Worksheets

NEW

Font size

S
M
L
XL
Worksheets

2.1 Growing the business - homework

Total questions: 20

Worksheet time: 20mins

Name
Class
Date
1.

When two businesses of roughly equal size agree to come together to form one big business

a)

Innovation

b)

Takeover

c)

Merger

d)

Organic growth

2.

Which of the following conditions might make a business change its aims and objectives

a)

Increases in the minimum wage

b)

Changing market conditions

c)

A strike by members of the union

d)

Entering a new market

3.

Greenpeace, Campaign Against Arms Trade and Corporate Watch are examples of what?

a)

Public Limited Companies

b)

Pressure groups

c)

Trade unions

d)

Multinational companies

4.

The scientific research and technical development needed to come up with successful new products

a)

Innovation

b)

Research and development

c)

Takeover

d)

Extension strategy

5.

A business that issues shares by invitation only - usually to family and friends

a)

Multinational company

b)

Partnership

c)

Public limited company

d)

Private limited company

6.

When a company decides to start trading in a market it hasn't been in before

a)

Entering markets

b)

Market share

c)

Existing markets

d)

Effective marketing

7.

Listing company shares on the stock market

a)

Overdraft

b)

Private limited company

c)

Sale

d)

Flotation

8.

Growth from within the business, such as creating and launching successful new products

a)

Takeover

b)

Merger

c)

Inorganic growth

d)

Organic growth

9.

Bringing a new idea to the market, such as Warburton’s idea of an extra-large crumpet

a)

Maturity

b)

Invention

c)

Innovation

d)

Extension strategy

10.

Growth by buying other businesses or by merging with a business of roughly the same size

a)

Inorganic growth

b)

Organic growth

c)

Innovation

d)

Takeover

11.

A company that can sell its shares on the stock market

a)

Partnership

b)

Private limited company

c)

Public Limited company

d)

Multinational company

12.

Weighing up decisions or actions on the basis of morality not personal gain

a)

The environment

b)

Ethics

c)

Ethical considerations

d)

Equality

13.

A group of countries that have agreed to have free trade with external tariff walls

a)

Trade blocs

b)

United Nations

c)

Exchange rates

d)

Protectionism

14.

Taxes charged only on imported goods

a)

Income tax

b)

Indirect taxes

c)

Excise duties

d)

Tariffs

15.

An organisation that buys directly from suppliers, making sure that the price paid is high enough to allow fair wages to be paid

a)

Organics

b)

London Stock Exchange

c)

Fair Trade

d)

National Farmers Union

16.

The price of one currency measured in terms of another currency

a)

Import control

b)

Exchange rate

c)

Interest rates

d)

Imports

17.

The increasing tendency for countries to trade with each other and to buy global goods

a)

Trading blocs

b)

Protectionism

c)

Globalisation

d)

Tariffs

18.

Free trade

a)

Trade between countries with no barriers, e.g. tariffs

b)

Trading products without making a charge for them

c)

Protectionism

d)

Trading with only limited amounts of regulation

19.

Products made in this country but sold overseas

a)

Exports

b)

Imports

c)

Exchange rates

d)

Price

20.

Finding a way to succeed against rivals from overseas

a)

Protectionism

b)

Competing internationally

c)

Imports

d)

Consumer expenditure