Growth and development of a business

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Across
  1. 3. Fixed cost + Variable cost
  2. 4. Integration, which occurs when two businesses are not merely in the same industry broadly but actually in the same line of business and in the same chain of production.
  3. 7. The domestic market will _______ as the variety of products will increase.
  4. 9. Bigger businesses are less ______ than smaller businesses.
  5. 11. One of the diseconomies of scale. Example: distribution network requires this.
  6. 14. Method of external growth, examples of which are McDonalds and Starbucks.
  7. 15. Total cost per unit is also known as ______ cost.
  8. 16. When a business expands, but becomes less efficient and the average cost per unit increases. It is called _______ of scale.
  9. 18. Buying in large quantities.
  10. 19. Another name for Merger & Acquisition strategy.
  11. 20. Can lose motivations in bigger businesses, when not encouraged.
  12. 21. When the average costs are the lowest, a business has reached its _____ production.
  13. 22. More than two businesses can be part of strategic _______.
  14. 26. Joint _______, occur when two businesses agree to combine resources for a specific goal and over a finite period of time.
  15. 27. Specialized products, of a high quality.
  16. 28. Businesses, known as franchises, buy the right of _____.
  17. 29. McDonalds is a market ____ in the fast-food restaurants in most of the industrial work.
Down
  1. 1. In small businesses, customers do not expect it to sell everything, they expect it to have a certain ____.
  2. 2. When a business increases its scale of operations and becomes more efficient, it has achieved _______ of scale.
  3. 5. In franchises, such as Starbucks, you may expect a lot of _____ all over the world.
  4. 6. The process by which the world’s regional economies are becoming one integrated global unit.
  5. 8. An original business in the franchise.
  6. 10. Type of growth, which is also known as organic growth.
  7. 12. In larger businesses, employees may not have the sense of _________ that they would have in smaller businesses, as it is possible to communicate with almost everybody.
  8. 13. Individual businesses in alliance remain _________.
  9. 17. Smaller market will have less _________.
  10. 18. Type of vertical integration, which occurs when one business integrates with another business further back (at an earlier stage) in the chain of production.
  11. 23. An impact of a multinational company is loosing cultural _____.
  12. 24. Market of the host country.
  13. 25. The ability to be able to remain in the market.