Topic: Classifying Firms Growth of Firms Mergers & Economies of Scale. ‘ppt’ IGCSE Business Studies & Economics syllabus. *.Engage your students, relax, and simply guide them as they work and learn. Questions at the end. Answers provided.
At the completion of the lesson, the students should be able to;
Classify firms - In terms of primary/secondary/tertiary sectors and private/public sector, and the relative size of firms. (NB: detailed knowledge of different types of structure of a firm is not required. Identify and describe small firms - their advantages and disadvantages, the challenges facing small firms and reasons for their existence. Causes and forms of the growth of firms - Internal growth, for example increased market share. External growth, for example mergers. Mergers - Examples, advantages and disadvantages of different types of mergers: horizontal, vertical, and conglomerate. How internal and external economies and diseconomies of scale can affect a firm/industry as the scale of production changesDo the Multiple Choice and Structured Questions provided with Answers at the end of the presentation.
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