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Growth
Objectives of growth
Achieve economies of scale
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Subdecks (5)
Risk - bearing economies of scale
Business > unit3 > Growth > Objectives of growth > Achieve economies of scale
1 card
Managerial economies of scale
Business > unit3 > Growth > Objectives of growth > Achieve economies of scale
1 card
Technical economies of scale
Business > unit3 > Growth > Objectives of growth > Achieve economies of scale
1 card
Marketing economies of scale
Business > unit3 > Growth > Objectives of growth > Achieve economies of scale
1 card
Financial economies of scale
Business > unit3 > Growth > Objectives of growth > Achieve economies of scale
1 card
Cards (7)
Why might a business want to achieve economies of scale?
Lower
average
costs and
cost
of
production
- increase
profit
margin
What are some benefits of economies of scale?
More
funds
to
pay
for specialist
staff
Having a better
reputation
-
banks
are more
willing
to
lend
See all 7 cards
See similar decks
Managerial economies of scale
Business > unit3 > Growth > Objectives of growth > Achieve economies of scale
1 card
Financial economies of scale
Business > unit3 > Growth > Objectives of growth > Achieve economies of scale
1 card
Technical economies of scale
Business > unit3 > Growth > Objectives of growth > Achieve economies of scale
1 card
Marketing economies of scale
Business > unit3 > Growth > Objectives of growth > Achieve economies of scale
1 card
Risk - bearing economies of scale
Business > unit3 > Growth > Objectives of growth > Achieve economies of scale
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