Firms

Vietnam has a large number of female entrepreneurs. Some of these firms have expanded and now compete with foreign multinational companies (MNCs) and public sector firms. The Vietnamese government encourages MNCs to establish themselves in Vietnam as a host country. It also intervenes in the economy to promote the consumption of merit goods.

Feb/March 2023

Which situation shows a forwards vertical merger?

Feb/March 2024

Which service is most likely to be provided by a small business?

Feb/March 2024

For horizontal integration to occur, a tyre manufacturer could combine with another company that makes

May/June 2017

For horizontal integration, a tyre-producing firm could combine with another firm making

May/June 2017

To carry out horizontal integration, a firm making tyres could merge with another firm that makes

May/June 2017

Identify the business organisation that is most likely to have unlimited liability.

May/June 2019

South Korea’s economy was once dominated by many family-owned businesses that have now grown into large public limited companies. To help domestic firms expand, the government offered subsidies and used trade protection. From 2010, average earnings in South Korea have increased.

May/June 2019

What enables many hairdressers to run as small businesses?

May/June 2021

A Swedish furniture manufacturer purchased a Romanian company that owned 83000 hectares of trees. What kind of merger is this most likely to be?

May/June 2021

The table sets out the activities of four firms. Which pairing of firms would illustrate horizontal integration?

May/June 2023

What is one reason why firms that produce similar products may choose to locate close to one another?

May/June 2023

In 2020, the number of Chinese restaurants in the UK was about 7% lower than in the previous year. This happened because demand for Chinese food was falling and competition from other kinds of food was growing. Some small firms that sell Chinese food are also reluctant to invest in the newest technology because doing so could create opportunity costs.

May/June 2023

Which pairing shows the advantages that a small firm has over a larger firm?

May/June 2024

Which is most likely to be a disadvantage of running a small firm?

May/June 2024

Healthcare is part of the tertiary sector. Healthcare generates both private and external benefits. In 2019, there were five mergers involving large US healthcare firms. Alongside their operations in the US, US healthcare firms also work in a number of host countries, including Singapore.

May/June 2024

China’s solar power industry contains the world’s largest solar panel firms. Their expansion has been supported by low labour costs and government subsidies. Solar panel firms are smaller in Europe, where some are sole proprietors. In 2013 the European Union was considering a tariff of 47% on Chinese solar panels.

Oct/Nov 2015

Nazmin Uddin works in a nearby office as a secretary for three days a week. She lives with her parents in a compact apartment. Meer Ali owns a profitable fitness centre that employs about twenty people. He owns a big house. Which statement is most likely to be true?

Oct/Nov 2016

What sets a multinational company apart from other kinds of company?

Oct/Nov 2017

A computer chip manufacturer grows by acquiring a computer chip designer. What example is this?

Oct/Nov 2018

Which kind of business organisation must belong to the public sector of the economy?

Oct/Nov 2019

The shares of a public limited company are

Oct/Nov 2019

Which organisations provide direct finance for firms’ expansion?

Oct/Nov 2019

A clothing manufacturer grows by acquiring a clothing retailer. What kind of merger is this?

Oct/Nov 2021

Which organisations are able to provide direct finance for firms' growth?

Oct/Nov 2022

Which statement is accurate when small firms are compared with large firms?

Oct/Nov 2022

Which organisations are able to directly finance the expansion of firms?

Oct/Nov 2022

Which organisations are able to provide direct finance for firms’ growth?

Oct/Nov 2022

A clothes retailer takes out a loan to pay for the launch of another clothes shop. Which kind of growth is this?

Oct/Nov 2024

Rubber is needed in order to make a car tyre. If a car tyre manufacturer joins with a supplier of rubber, what type of merger is this?

Oct/Nov 2025

The large scale of Japan’s domestic car industry has allowed Japanese car producers to offer lower prices than competing car producers. What explains this?

Oct/Nov 2025