2.
Which one is not a way to measure the size of a business
A
Profit
B
Number of satisfied customers
C
Size of workforce
3.
Which definition fits the term market share?
A
A firm's profit as a percentage of the industry's total profit
B
A firm's sales revenue as a percentage of the industry's total sales revenue
C
A firm's costs as a percentage of the industry's total costs
4.
Which one is not a reason of being a large business?
A
Economies of scale
B
Brand reputation
C
Government aid
5.
Which one is not a reason of being a large business - part 2
A
Lower prices
B
Value-added services
C
Flexibility
6.
Which is not a reason to stay small?
A
Cost control
B
Greater choice for the customers
C
Loss of control
7.
Which is not a reason to stay small - part 2
A
Financial risks
B
Local monopoly power
C
Profit
8.
Personalized services, small market size, costs control, loss of control, financial risks, flexibility, government aid and local monopoly power are reasons...
A
for a business to grow large
B
for a business to stay small
C
for a business to set new aims and objectives
9.
Economies of scale, lower prices, brand recognition, brand reputation, value-added services, greater choice and customer loyalty is
A
Generic benefits of being af publicly held company
