pptx, 6.03 MB
pptx, 6.03 MB
docx, 105.42 KB
docx, 105.42 KB
pptx, 20.5 MB
pptx, 20.5 MB
docx, 1000.35 KB
docx, 1000.35 KB
docx, 513.12 KB
docx, 513.12 KB
docx, 17.56 KB
docx, 17.56 KB

In terms of primary/secondary/tertiary sectors and private/public sector, and the relative size of firms.

  • The advantages and disadvantages of small firms, the challenges facing small firms and reasons for their existence.

  • Internal growth, for example increased market share. External growth, for example 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.

*Unit 3 review

Note: detailed knowledge of different types of structure of a firm is not required.

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