Scale and resource mix ALSO Innovation
- Created by: Yo
- Created on: 23-04-14 12:57
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Scale and resource mix
Economies and diseconomies of scale
Economies of scale: unit production fall - business can provide low prices
Internal: production, purchasing
External: skilled workers, suppliers
Diseconomies of scale
Over use of machinery, communication problems
Capital intensive: production based on machinery - reduces unit cost and better…
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