Complete Lesson.
- Classifying firms Small firms Growth of Firms Mergers Economies of Scale * ’ppt’ IGCSE Economics & Business Studies. I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes, *Engage your students, relax, and simply guide them as they work and learn. Questions at the end. Answers provided. *Engage your students, relax, and simply guide them as they work and learn to excel. 'Class Activities. ‘Keywords Study’ ’ with Answers.
Lesson Objectives;
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 changes Class Activities, ‘Keywords Study’ ‘Multiple Choice Questions’ with Answers.
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