Choose the answer from the given list of concepts and write the correct answer next to the
correct number.
Strategy; Economic; Retrenchment; Horizontal integration; Social; Political;
Legal; Liquidation; Vertical integration; Employment; Mission
1.6 When a business takes control of other businesses in the same industry to reduce the
threat of competition.
1.7 PESTLE factor when customers are not able to afford products due to high employment.
1.8 All assets are sold to pay creditors due to a lack of cash flow.
1.9 Loans may be expensive due to high interest rates.
1.10 The business terminates the employment contracts of employees for operational reasons
1.6 Horizontal integration
1.7 Employment
1.8 Liquidation
1.9 Economic
1.10 Retrenchment