Business growth

1

What is a monopoly?

2

Why does a business benefit from growth?

3

What do economies of scale result in?

4

What is hiring more staff an example of?

5

What is spreading overheads over a large level of output an example of?

6

How can small firms best compete against large rivals?

7

How can a business grow in size?

8

When does organic growth occur?

9

How often will a growing business make a profit?

10

Which of the following is not guaranteed with business expansion?