EOS

Cards (2)

  • Overall

    Economies of scale refers to cost advantages that can be gained by producing on a larger scale. This means that businesses can lower their per-unit input costs
    Economies of scale becomes a global factor when businesses sell to global markets
    Economies of scale arise in several different areas of businesses. There are clear production advantages of producing high volumes. There are also economies of scale that can be derived on capital investment and the improved use of technologies
  • Areas that eos appears

    For very large multinational corporations (MNC), economies of scale can arise in marketing, with global branding, and global advertising saving costs on duplication
    Further economies of scale can be created in the field of human resources through the application of training and development and range of HR strategies globally