Scale economies, experience curves and favorable logistics are examples of cost drivers of corporate globalization

Question

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These factors reduce the cost of operations on a global scale, making them key drivers for companies to pursue globalization strategies. Scale economies allow for the production of goods at lower per-unit costs, experience curves lead to cost reductions as companies gain more experience in production and operations, and favorable logistics optimize the supply chain, further reducing costs.

Scale Economies, Experience Curves and Favorable Logistics Are Examples of Cost