Economies Of Scale & Growth

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Across
  1. 3. When one firm buys another
  2. 5. Spreading risk
  3. 9. Large firms have access to more of this
  4. 10. Caused by the growth of the industry as a whole
  5. 11. Large firms have enough work to be able to employ specialists
  6. 12. Caused by the growth of the firm itself
Down
  1. 1. When they are able to have a wide range of products to spread risk
  2. 2. Large firms can invest in better machinery
  3. 4. Banks are willing to lend to larger businesses
  4. 6. A group of companies that agree to work together
  5. 7. When two firms join together under a new name
  6. 8. Large firms can organise buying and selling more efficiently