Quiz: Expanding a Business
AQA GCSE Business 8132
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Welcome to this quiz on expanding a business! Test your knowledge with 10 questions designed to challenge and strengthen your understanding.
What is the term used for growth achieved by increasing sales of existing products or services without acquiring other companies?
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Which of the following are methods of external growth? (Select all that apply)
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Economies of scale occur when a business reduces its {{blank0}} per unit as its {{blank1}} increases.
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Match the items on the left with their correct pairs on the right
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What is a potential disadvantage of external growth?
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Which of the following are benefits of organic growth? (Select all that apply)
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Match the items on the left with their correct pairs on the right
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What is a franchise?
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Match the items on the left with their correct pairs on the right
A merger occurs when two businesses {{blank0}}, while a {{blank1}} happens when one business buys another.
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What is the main advantage of achieving economies of scale?
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What are common reasons for business expansion? (Select all that apply)
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