Across
- 3. Groups and individuals affected by a businesses actions
- 4. Growth from within, using own resources
- 7. The ability to influence consumer price levels and restrict output
- 9. A dominant buyer in the market able to dictate prices and terms with suppliers
- 10. Two businesses combined are more profitable together than separate
Down
- 1. When a firm secures more than 50% of the shares of another firm
- 2. The level of output where further increases in size result in average costs increasing because inefficiencies set in
- 5. A firm growing by joining another firm suh as a takeover or merger
- 6. A market dominated by a few large suppliers
- 8. The joining of two firms with the approval of the shareholders and mnagement concerned. Often both firms maintain separate identities
- 9. The lowest level of output at which internal economies of scale are fully exploited