Economies Of Scale 5.0 / 5 based on 1 rating ? Business StudiesEconomies of scaleGCSEOCR Created by: charles kohnCreated on: 25-05-14 18:56 Technical economies A business saves on production costs by using better methods and equipment. 1 of 6 Managerial economies a business can employ specialist managers who improve efficiency 2 of 6 Financial economies a business does not have to pay out as much money to raise finance 3 of 6 Rist-vearing economies a business has a range of products or services, so is not dependent on one product 4 of 6 Purchasing economies a business is given a discount for buying in bulk 5 of 6 Marketing economies a business saves on advertising and transport costs. 6 of 6
Economies of Scale - Business Studies (BBC Bitesize Revision Notes) 5.0 / 5 based on 1 rating Teacher recommended
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