Buying in volume usually produces savings.This leads to the cost benefit of _____.
A) scope savings
B) lower costs
C) scale savings
D) learning

Question

Quizplus · Accepted Answer

Scale savings is the term used to describe the cost benefit of buying in bulk or volume. By purchasing larger quantities, businesses can negotiate lower prices with suppliers, reducing their overall costs. This is a common strategy used by businesses to improve their profit margins and stay competitive in the marketplace.

Buying in Volume Usually Produces Savings