Global service firms often benefits from:

Name: Global service firms often benefits from:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Scale economies refer to the cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output decreasing with increasing scale. This is particularly relevant for global service firms as they can spread their fixed costs over a larger number of units (services or products), leading to lower average costs and potentially higher competitiveness in the market.

Global Service Firms Often Benefits From