Advantages of a large business

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  • Created by: samadhi
  • Created on: 12-04-13 22:12
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  • Advantages of  a large business
    • Can afford to employ specialist employees
    • economies of scale
    • May be able to set lower prices that other firms have to follow
    • Have access to several different sources of finance
    • May be diversified in several markets and products so the risks are spread
    • Are able to afford R&D into new products and process

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