Causes and Effects of Change (Edexcel A-Level Business): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What often determines whether a business succeeds or fails?
What often determines whether a business succeeds or fails?
The ability to manage change effectively
Which type of growth occurs gradually through increased sales and operations?
Which type of growth occurs gradually through increased sales and operations?
Internal growth
What happens to gearing when businesses finance expansion through loans?
What happens to gearing when businesses finance expansion through loans?
It increases
What negative externalities can business expansion create for local communities?
What negative externalities can business expansion create for local communities?
Traffic congestion, noise, road damage
By what percentage did Deutsche Bank's share prices rise when John Cryan was appointed CEO in 2015?
By what percentage did Deutsche Bank's share prices rise when John Cryan was appointed CEO in 2015?
8%
What happened to Boots' share prices after announcing 700 job cuts in 2015?
What happened to Boots' share prices after announcing 700 job cuts in 2015?
They fell 35%
Which framework categorizes external influences into Political, Economic, Social, Technological areas?
Which framework categorizes external influences into Political, Economic, Social, Technological areas?
PESTLE framework
What advantage can businesses gain by responding quickly to external changes?
What advantage can businesses gain by responding quickly to external changes?
First-mover advantages
How was the 1998 Daimler-Chrysler merger described?
How was the 1998 Daimler-Chrysler merger described?
Trying to mix oil and water
By how much had McDonald's sales declined in late 2014 before the leadership change?
By how much had McDonald's sales declined in late 2014 before the leadership change?
Just over 1%