Unit 1: Introduction to Business Management

Topic 1.5: Growth and Evolution Questions

Practice 20 exam-style questions for IB Business Management Topic 1.5. Review the question stems below, then unlock the full Question Bank to access markschemes, model answers, and AI grading.

1outline2 marks
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Outline one difference between a merger and a joint venture.
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2outline2 marks
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Outline one way competition regulators could affect a proposed acquisition.
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3define2 marks
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Define the term internal growth.
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4state2 marks
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State two advantages of internal growth for a business.
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5identify2 marks
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A large retailer buys a small online brand to access its technology and customer data. Identify one reason for this acquisition.
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6state2 marks
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State two reasons why businesses merge or acquire other businesses.
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7define2 marks
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Define the term merger.
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8outline2 marks
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Outline one way competition regulators could affect a proposed acquisition.
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9define2 marks
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Define the term internal growth.
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10define2 marks
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Define the term external growth.
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11distinguish2 marks
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Distinguish between internal and external economies of scale.
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12define2 marks
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Define the term external growth.
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13define2 marks
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Define the term franchise.
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14state2 marks
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State two benefits of franchising for the franchisor.
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15state2 marks
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State two benefits of franchising for the franchisee.
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16explain2 marks
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Explain one disadvantage of internal growth.
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17define2 marks
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Define the term acquisition.
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18state2 marks
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State two types of internal economies of scale.
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19define2 marks
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Define the term merger.
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20define2 marks
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Define the term economies of scale.
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