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Edexcel A-Level Economics A2 3.3.1 1a Types of Businesses Private Sector Organisations State Owned Enterprises Public Questions

Practise recognising business forms from short real-world scenarios, including joint ventures, co-operatives, state-owned enterprises and private firms.

Syllabus
First assessment 2019
Course
Economics YEC11
Level
A2

Exam points

  • distinguish a joint venture from integration when two firms collaborate on a new product
  • identify co-operatives from ownership by members, partners or producers in a short context

Edexcel A-Level Economics A2 3.3.1 1a Types of Businesses Private Sector Organisations State Owned Enterprises Public Questions question 1

[Maximum number: 1]

A Swedish company, Lantmännen, is an agricultural business owned by 25000 farming partners.

Which one of the following is the best description of this type of business?

A

State-owned enterprise

B

Joint venture

C

Conglomerate

D

Co-operative

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