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Quiz: Private Sector Aims - Growth
WJEC Eduqas GCE A LEVEL in BUSINESS specification
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You've already learned about the differences between the private and public sectors, as well as the importance of survival for private sector businesses. Now, let's build on that by testing your understanding of growth as a private sector aim!
Which of the following is a key reason why private sector businesses aim for growth?
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Which of the following are advantages of business growth? (Select all that apply)
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Economies of scale occur when a business grows and its {{blank0}} per unit decreases due to {{blank1}} production levels.
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Match the items on the left with their correct pairs on the right
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What is the main risk of rapid business growth?
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Which factors can limit business growth? (Select all that apply)
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Private sector businesses often aim for growth to increase their {{blank0}} in the market and improve their {{blank1}}.
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Match the items on the left with their correct pairs on the right
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Which of these is an example of diversification as a growth strategy?
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