Topic 1.6: Growth and Evolution Flashcards
(42 cards)
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
Retail
26
Wholesale
27
Market share
28
Intellectual property
29
Distribution networks
30
Merger partners
31
Code sharing
32
Arrangements
33
Joint business
34
Agreement
35
Partnership agreement
36
Franchisor
37
Franchisee
38
Globilsation
39
Free trade
40
Protectionism
41
Import restrictions
42
Legal compliance
