Business activity (cpt 2) Flashcards
CPT 2
1
Q
methods of measuring business size
A
Number of people employed
value of output
value of sales
value of capital employed
2
Q
problems when measuring business size
A
3
Q
internal growth
A
occurs when a business expands its existing operations
4
Q
external growth
A
is when a business takes over or merges with another business. it is often called integration as one business Is integrated into another one
5
Q
a takeover is?
A
when one business buys out the owners of another business which then becomes part of the “predator” business “the (the. business which has taken over)
