Growth (AQA GCSE Business): Quizzes
📚Quizzes
Practise the questions
13 questions from this quiz
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Practise the questions
13 questions from this quiz
What is organic growth?
What is organic growth?
Expansion from within using own resources
Which of these is used to measure business expansion?
Which of these is used to measure business expansion?
Market share percentage
Which method is used to achieve organic growth?
Which method is used to achieve organic growth?
Developing new products
How many countries does Just Eat now operate in?
How many countries does Just Eat now operate in?
12 countries
What is an advantage of organic growth?
What is an advantage of organic growth?
It has lower risk than takeovers
What is a disadvantage of organic growth?
What is a disadvantage of organic growth?
It depends on the overall market growing
In franchising, what is the franchisor?
In franchising, what is the franchisor?
The original business owner
What percentage of UK franchise units are profitable?
What percentage of UK franchise units are profitable?
97%
What is the typical start-up cost for a UK franchise?
What is the typical start-up cost for a UK franchise?
Around £50,000
Why do franchisors need less finance for expansion?
Why do franchisors need less finance for expansion?
Franchisees provide most of the capital
What is a key challenge for franchisors?
What is a key challenge for franchisors?
Reputation depends on franchisee performance
What is a benefit of e-commerce growth?
What is a benefit of e-commerce growth?
Allows 24/7 customer reach
In which sector is franchising particularly popular?
In which sector is franchising particularly popular?
Service sector