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WorksheetsBig Business (Part 1)
Total questions: 15
Worksheet time: 5mins
Why do we study Economics? (select all that apply)
How to deal with limited resources
How to deal with unlimited wants
Learn about the impact of choices
How to deal with unlimited resources
Who owns the Tropicana brand?
PepsiCo
Coca Cola Enterprises
Who owns the Coppella brand?
PepsiCo
Coca Cola Enterprises
Who owns the Innocent brand?
PepsiCo
Coca Cola Enterprises
An advantage of large organisations directly competing against each other (for the customer) is that they will reduce their prices to gain a larger market share.
True
False
An advantage of large organisations competing against each other (for the customer) is that they will use chemicals throughout their production process..
True
False
Large organisations are recognised as taking advantage of countries who have poor labour laws e.g. paying low wages.
True
False
A business takeover is defied as when one organisations gains (a) over another business.
How many forms of busienss takeover exist?
1
2
3
4
A business typically must secure over (a) % control to complete a successful takeover.
What is a hostile takeover?
Where two companies merge to form a new company.
Where one company acquires another company with the consent of the target company's management and board of directors.
Where one company acquires another company against the wishes of the target company's management and board of directors.
Where one company acquires another company through a friendly negotiation process.
What is a friendly takeover?
A mutually agreed-upon acquisition of a company.
An aggressive acquisition of a company.
A merger between two companies.
A process where a company is taken over by its competitors.
Which of the following is a possible reason for takeovers?
Increase market share
Eliminate competition
Secure better selling locations
All of the above
Business takeovers tend to take a long time to complete.
True
False
After a business has completed a takeoverm they will not be able to earn profits from products invented by the original business.
True
False
