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Quiz: Rationalisation - Meaning and Reasons
WJEC Eduqas GCE A LEVEL in BUSINESS specification
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Building on what you've learned about growth methods and strategy, this quiz focuses on the concept of rationalisation and the reasons businesses undertake it.
What is the primary meaning of rationalisation in business?
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Which of the following are common reasons for rationalisation? (Select all that apply)
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Rationalisation often involves closing {{blank0}} production facilities to focus on {{blank1}} efficient ones.
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Which of the following is NOT a benefit of rationalisation?
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What are potential risks of rationalisation? (Select all that apply)
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Rationalisation is often used when a business faces {{blank0}} demand for its products or {{blank1}} financial pressure.
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Which strategy is most likely to involve rationalisation?
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