Advantages of a large business
- 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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