Firms in knowledge and technology-intensive industries often globalize to leverage their expertise into international markets-these are scale economy drivers

Name: Firms in knowledge and technology-intensive industries often globalize to leverage their expertise into international markets-these are scale economy drivers
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Scale economy drivers refer to cost advantages that a firm can achieve due to increased output, not necessarily related to leveraging expertise in international markets.

Firms in Knowledge and Technology-Intensive Industries Often Globalize to Leverage