36 Which type of merger aims to ensure control of retail outlets? A Conglomerate B Horizontal...
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36 Which type of merger aims to ensure control of retail outlets? A Conglomerate B Horizontal C Vertical backwards D Vertical forwards 37 A confectionery manufacturer buys a local newspaper. What type of merger is this? A Conglomerate integration B Horizontal integration C Vertical integration backwards D Vertical integration forwards 38 Which economy of scale is an external economy? A Ability to buy raw materials in bulk B Ancillary industries providing goods and services for the industry C Costs reduction achieved by using more efficient machines D More efficient use of the skills of workers 39 Which feature is an advantage of small scale production? A Diversification B Division of labour C Economies of scale D Flexible production 40 What can cause internal economies of scale? A A firm's costs rising by more than its output B A reduction in a firm's productive efficiency C An increase in the size of a firm's factories D A rise in the number of firms in the industry 36 Which type of merger aims to ensure control of retail outlets? A Conglomerate B Horizontal C Vertical backwards D Vertical forwards 37 A confectionery manufacturer buys a local newspaper. What type of merger is this? A Conglomerate integration B Horizontal integration C Vertical integration backwards D Vertical integration forwards 38 Which economy of scale is an external economy? A Ability to buy raw materials in bulk B Ancillary industries providing goods and services for the industry C Costs reduction achieved by using more efficient machines D More efficient use of the skills of workers 39 Which feature is an advantage of small scale production? A Diversification B Division of labour C Economies of scale D Flexible production 40 What can cause internal economies of scale? A A firm's costs rising by more than its output B A reduction in a firm's productive efficiency C An increase in the size of a firm's factories D A rise in the number of firms in the industry
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