Which of the following is a common mistake that managers make?

Question

Quizplus · Accepted Answer

Increasing the rate of production to reduce unit costs, known as economies of scale, can lead to overproduction and inefficiencies if not managed properly. This is a common mistake managers might make, thinking that higher production automatically leads to lower costs per unit without considering the potential for excess inventory or increased costs beyond a certain point.

Which of the Following Is a Common Mistake That Managers