F291 Objectives and Economies of scale quiz
- Created by: Daisy Judges
- Created on: 30-12-12 14:09
Other questions in this quiz
2. Give an example of internal constraints
- Lack of finance
- Very good communication
- 2 managers falling out
3. Tactical objectives are ...
- Day to day short term objectives needed to ensure the strategic objectives are achieved
- Smaller than strategic objectives
- Long term objectives
4. What does the Financial economy of scale allow?
- More ability to gain finance as banks treat bigger firms better as they are more trustworthy
- You can get more cash
- Cash flow is improved by higher sales
5. Diseconomies of scale are drawbacks of producing on a large scale. Give two examples of a DEOS.
- Workers feel less important and become demotivated due to a large workforce and the large amount of workers creates barriers to communication
- Purchasing bulk and Marketing
- Managerial and Financial
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