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How did large corporations achieve economies of scale?
keep fixed cost low
What is the economies of scale?
Internal economies of scale arise when the cost per unit
How can a company effectively achieve economies of scale in its operations?
A company can effectively achieve economies of scale in its operations by increasing production levels to spread fixed costs over a larger output, negotiating lower prices with suppliers due to higher purchasing volumes, and improving efficiency through specialization and automation.
What does the writer mean by diseconomies of sale?
Not profiting from economies of scale, because there are no economies of scale. That is meant by diseconomies of scale.
Equilibrium and economies scale in market economy?
Equilibrium and economies scale in market economy
How did large corporations achieve economies of scale?
keep fixed cost low
Marketing channels can achieve economies of scale through?
contact expertise
What did Americans achieve by building larger factories for increased output?
economies of scale
How can the nnpc achieve internal economies of scale?
The Nigerian National Petroleum Corporation (NNPC) can achieve internal economies of scale by increasing the scale of its operations to lower its average cost per unit. This can be done by consolidating its operations, standardizing processes, and utilizing resources more efficiently. By optimizing its production processes, investing in technology, and streamlining its supply chain management, the NNPC can benefit from economies of scale and improve its overall efficiency and competitiveness in the industry.
Of what significance is economies of scale in planning the establishment of commercial enterprise?
OF WHAT SIGNIFICANCE IS ECONOMIES OF SCALE IN THE ESTABLISHMENT OF COMMERCIAL ENTERPRISE?. economies of scale
What is the economies of scale?
Internal economies of scale arise when the cost per unit
Define economies of scale How does this relate to returns to scale Cite and briefly discuss the main determinants of economies of scale?
Cite and briefly discuss the main determinants of economies of scale.
Equilibrium and economies scale in market economy?
Equilibrium and economies scale in market economy
What does the writer mean by diseconomies of sale?
Not profiting from economies of scale, because there are no economies of scale. That is meant by diseconomies of scale.
How can a company effectively achieve economies of scale in its operations?
A company can effectively achieve economies of scale in its operations by increasing production levels to spread fixed costs over a larger output, negotiating lower prices with suppliers due to higher purchasing volumes, and improving efficiency through specialization and automation.
What does a holding company allow?
A holding company allows a corporation to achieve economies of scale as well as geographic or market diversification
What are the sources of economies of scale?
The economies of scale attainable from large scale production fall into two categories. Internal and External.
