The cost and efficiency disadvantages experienced by small firms include inability to buy commodities in large quantities which translates to higher costs.
what are the advantages and disadvantages of entrepreurial firms.
what does the free market economies benefits to owners
The disadvantage of a planned economy is that there is lack of profit which usually leads to the inefficiency of the firms.
There are reasons why firms outsource their functions, like: 1. Lower cost of labor 2. Shortage of Manpower 3. A need for specialized skills 4. Better Productivity 5. Efficiency ( Saves Time )
Firms seek to maximize profitability and ensure sustainable growth while delivering value to their customers. They aim to effectively utilize resources, maintain a competitive edge, and adapt to market changes. Additionally, firms strive for innovation, efficiency, and stakeholder satisfaction to enhance their overall performance and long-term success.
what are the advantages and disadvantages of entrepreurial firms.
no.
what does the free market economies benefits to owners
why it is so famouse
The disadvantage of a planned economy is that there is lack of profit which usually leads to the inefficiency of the firms.
Efficiency
Efficiency
Question cannot be answered wiithout knowing what type of firm it is.
help in the editing of graphics images easy and also saves time
Mainak Mazumdar has written: 'Output and input efficiency of manufacturing firms in India' 'Output and input efficiency of manufacturing firms in India'
http://wiki.answers.com/Q/What_are_the_advantages_and_disadvantages_of_stratigic_business_alliance_as_a_means_to_develop_and_transfer_technology_between_firms"
Some firms developed expertise in grinding springs at high tolerances, while others developed high levels of efficiency in looping the wire on the ends of springs.