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WorksheetsEnterprise Growth strategies-1
Total questions: 10
Worksheet time: 4mins
In how many ways can an organisation expand?
One
Two
Three
Four
The rule of thumb is that one should only expand when there are____________ that can benefit the business
Tapped opportunities
Untapped opportunities
Initial opportunities
Challenging opportunities
What role does an entrepreneur play in growth/expansion of a business?
Employee and organisor
Manager and Leader
Leader and motivator
Manager and employee
Ananya Private Limited Company deals in dairy products.The company is quite aware about the importance of growth and believe in the saying , ' You either grow or you die.' Therefore, the company is planning to expand its current production capacity by increasing the number of its livestock.Which form of expansion is the company planning?
Internal expansion
External expansion
Both
None
Franchising and mergers and acquisitions are examples of which type of expansion?
Agreement
Internal
External
Both (B) and (C)
Franchising began back in the 1850's when _________ invented the sewing machine.He began selling licenses to entrepreneurs in different parts of the country.
Ray Kroc
Isaac Singer
Sanders
Venkatesh Iyer
The person who purchases the franchise and is given the opportunity to enter a new business with a better chance to success Is known as?
Franchisee
Franchisor
Assessee
Manufacturer
What is the net result of internal expansion?
Combination of two or more concerns
Adverse effect on goodwill
Increase in business activities
Poor management
Mainly how many ingredients are there in franchise agreement?
One
Two
Three
Four
Foundation of the relationship between the franchisor and franchisee is___________
Opportunity
Format agreement
Standardisation agreement
Franchise agreement
