Large-scale operations lead to greater flexibility and reduced costs.
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Q21: Economies of scale occur when average total
Q22: Focused differentiation targets unique products to relatively
Q23: Firms operating above the minimum efficient scale
Q24: Greater scale discourages the use of more
Q25: The smaller the differentiation, the smaller the
Q27: The focus position usually involves eliminating some
Q28: Focus strategies are influenced by unique economic
Q29: Increased size ensures economies of scale.
Q30: Toyota pursues a low-cost leadership strategic position.
Q31: Capabilities in large-scale manufacturing and distribution generally
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