Day: June 11, 2020

Which ONE of the following is a REASON why a business might want to grow?

Select ONE answer:

1. To take over another business.
2. To successfully manage the impact of an increase in interest rates.
3. To take advantage of economies of scale.
4. To successfully project manage a new product launch.

 

Show your workings to arrive at your answer, and explain and justify your reasons:……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple choice question is suitable for Economics KS4 and KS5 classes.

The answer is 3

 

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