Large companies benefit from scale economies that can help lower operating costs, and they also enjoy greater purchasing power.

Name: Large companies benefit from scale economies that can help lower operating costs, and they also enjoy greater purchasing power.
Brand: Quizplus
Rating: 4.8 (37 reviews)

Question

Quizplus · Accepted Answer

Large size creates scale economies, which are lower costs per unit of production. Size can offer advantages like lower operating costs, greater purchasing power, and easier access to capital.

Large Companies Benefit from Scale Economies That Can Help Lower