Scale and resource mix 0.0 / 5 ? Business StudiesOperations managementA2/A-levelAQA Created by: Georgew298Created on: 12-04-16 19:27 What is scale? The output of a business 1 of 8 What does scale depend on? Resources and Finance available 2 of 8 Business can increase sales by? Increase labour and/or increase capital equipment 3 of 8 What are economies of scale? Size of product order increases as cost decreases (unit cost decreases as size of business increases) 4 of 8 What are the 6 main types of economies of scale? Purchasing power, technical, managerial, specialist & marketing economies 5 of 8 What are dis-economies of scale? When the scale of the business increases but so do costs 6 of 8 What are the three main types of dis-economies of scale? Communication, motivational & co-ordination 7 of 8 What are the 4 resources in the resources mix? Land, labour, capital and enterprise 8 of 8
Chapter 12: Operational Strategies: Scale and Resources Mix 5.0 / 5 based on 1 rating Teacher recommended
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