Topic 1.6: Growth and Evolution Flashcards
1
Q
Scale of production
A
2
Q
Purchasing economies
A
3
Q
Marketing economies
A
4
Q
Financial economies
A
5
Q
Technical economies
A
6
Q
Risk-bearing economies
A
7
Q
Managerial economies
A
8
Q
Internal economies of scale
A
9
Q
External economies of scale
A
10
Q
Standardised
A
11
Q
Average cost of production
A
12
Q
Economies of scale
A
13
Q
Diseconomies of scale
A
14
Q
Diversified
A
15
Q
R & D
A
16
Q
Business objectives
A
17
Q
Capital
A
18
Q
Merger
A
19
Q
Acquisition/takeover
A
20
Q
Joint venture
A
21
Q
Strategic alliance
A
22
Q
Franchising
A
23
Q
Horizontal integration
A
24
Q
Forward (or backward) vertical integration
A
25
Q
Retail
A
26
Q
Wholesale
A
27
Q
Market share
A
28
Q
Intellectual property
A
29
Q
Distribution networks
A
30
Q
Merger partners
A
31
Q
Code sharing
A
32
Q
Arrangements
A
33
Q
Joint business
A
34
Q
Agreement
A
35
Q
Partnership agreement
A
36
Q
Franchisor
A
37
Q
Franchisee
A
38
Q
Globilsation
A
39
Q
Free trade
A
40
Q
Protectionism
A
41
Q
Import restrictions
A
42
Q
Legal compliance
A
