How can this be applied to your business specifically

Assignment Help Business Economics

Reference no: EM133402045

Questions: Choose a company to use for this question. The company can be a U.S. firm, or a firm from any country that is easily researchable using search engines.
Identify the name of the firm, and then provide a brief description of the goods and/or services that the firm sells.
Think about the six ways to achieve economies of scale and describe how to apply the following to the company in order to achieve economies of scale:

Specialization: How can this be applied to your business specifically to achieve economies of scale?
Division of labor: How can this be applied to your business specifically to achieve economies of scale?
Advanced technology: How can this be applied to your business specifically to achieve economies of scale?
Automation devices: How can this be applied to your business specifically to achieve economies of scale?
Quantity discounts: How can this be applied to your business specifically to achieve economies of scale?
Financial strength (credit): How can this be applied to your business specifically to achieve economies of scale?

Reference no: EM133402045

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