The cost advantages that are associated with large operations are known as ________.
A) brand loyalty
B) economies of scale
C) boundary spanning
D) power distance

Question

Quizplus · Accepted Answer

Economies of scale are the cost advantages associated with large operations. Economies of scale result from factors such as manufacturing products in very large quantities, buying inputs in bulk, or making more effective use of organizational resources than do competitors by fully utilizing employees' skills and knowledge.

The Cost Advantages That Are Associated with Large Operations Are