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How would you describe the significance of Economies of Scale and why they are relevant to...

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Finance

How would you describe the significance of Economies ofScale and why they are relevant to direct and indirect cost and tomanagement in general?

What does this provide for a organization?

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3.9 Ratings (719 Votes)
Economies of Scale This is a strategy of minimizing cost in this strategy products are manufactured at a large scale so as to save the cost As the production increases the cost comes down It can be achieved by Buy in    See Answer
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How would you describe the significance of Economies ofScale and why they are relevant to direct and indirect cost and tomanagement in general?What does this provide for a organization?

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