Oxford AQA International A-level · Business (9625)

Strategic methods: how to pursue strategies: Practice Questions

5 multiple-choice questions marked as you go, and 2 written questions with worked solutions. All on Strategic methods: how to pursue strategies.

7 questions18 marksFree, no account

Question 1

1 mark

When a business grows by merging with or taking over a firm at the previous stage of the production process, such as a clothing retailer acquiring a textile manufacturer, this is known as:

Question 2

1 mark

A large multinational retailer decides to enter a new international market by partnering with a local firm to share costs, risks, and local expertise. This method of entry is best described as:

Question 3

1 mark

Which of the following is an example of external growth for a business?

Question 4

1 mark

Which of the following describes synergy in the context of a business merger?

Question 5

1 mark

Which of the following is a method used by a business to become an innovative organisation through continuous, small-scale improvements?

Question 6

6 marks

Distinguish between technical economies of scale and synergy following a horizontal merger between two large retail chains.

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Question 7

7 marks

'TechFlow', a software development firm, is planning a significant expansion. The Board of Directors is debating between organic growth and external growth through a merger with a rival firm.

(a) Compare the risks and rewards of organic growth versus a merger for TechFlow.
(b) If TechFlow chooses to merge, evaluate how the concepts of synergy and organisational culture might determine the success of this strategy.

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