Because they have their own distinctive area of operations where several factors make the establishment and growth of small business necessary:
1. Limited Demand
2. Specialized Service
4. Employee Relations
5. Introduction of New Products
6. Direct Motivation
7. Human inertia
8. Shield to big business
9. social utility
10. State assistance and patronage
11. Limited gestation period
Internal economies of scale arise when the cost per unit
Equilibrium and economies scale in market economy
Not profiting from economies of scale, because there are no economies of scale. That is meant by diseconomies of scale.
The economies of scale attainable from large scale production fall into two categories. Internal and External.
no
OF WHAT SIGNIFICANCE IS ECONOMIES OF SCALE IN THE ESTABLISHMENT OF COMMERCIAL ENTERPRISE?. economies of scale
Internal economies of scale arise when the cost per unit
Cite and briefly discuss the main determinants of economies of scale.
Equilibrium and economies scale in market economy
Not profiting from economies of scale, because there are no economies of scale. That is meant by diseconomies of scale.
The economies of scale attainable from large scale production fall into two categories. Internal and External.
no
Another important advantage that MBHCs have over individual banks is economies of scale
The difference between internal economy of scale and external economy of scale is that internal economies of scale come from within the business ; external economies come from or affect the world outside the business.
Economies of scale refers to the increase in the firm's output in relation to a lesser application of factors/inputs which happen in the long run.
any one??
It is influenced by economies and diseconomies of scale. Economies of scale is when the size of it scale enlarged, that's mean total output increase but cost per unit decrease.