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GROWTH STRATEGIES

Total questions: 10

Worksheet time: 20mins

Name
Class
Date
1.

When a company expands by purchasing and controlling the direct distribution or supply of its products

a)

Horizontal integration

b)

Vertical integration

c)

Acquisition

d)

Merger

2.

All of the following are benefits of rapid growth EXCEPT

a)

Increased automation of processes

b)

Increased compensation for labour

c)

Improved marketing strategies

d)

Increased sources of capital available

3.

Where one firm takes a controlling interest of another firm:

a)

Joint Ventures

b)

Mergers

c)

Acquisitions

d)

Franchising

4.

When a business grants a licence to use its brand and reproduce its product.

a)

Joint Ventures

b)

Mergers

c)

Acquisitions

d)

Franchising

5.

Expanding the product line is an example of what type of growth?

a)

Internal growth

b)

External growth

6.

When a business buys up a firm operating in the same stage of production

a)

Horizontal integration

b)

Vertical integration

c)

Lateral integration

d)

Internal growth

7.

Joint ventures, mergers and acquisitions are all examples of what type of growth?

a)

Internal

b)

External

c)

Organic

d)

Branding

8.

Which of the following is NOT a benefit to mergers and acquisitions?

a)

Greater market share

b)

Synergy

c)

Diversification

d)

Redundancies

9.

Venture capital is usually given in the form of money ONLY

a)

True

b)

False

10.

Which of the following is NOT an advantage of a corporate-backed start-up:

a)

Market knowledge and experience

b)

Exposure to more networks

c)

Decreased risk of failure

d)

Increased cost of operations