Economies and rise knocked of sca!e

Question 1

Economies

Answer 1

are the cost advantages that benefit and organization wait grows.
Internal;economies that originate from the firm itself.
External; comes from surrounding firms

Question 2

Diseconomies

Answer 2

the disadvantages that affect an organization as it grows larger

Question 3

Division of Labour

Answer 3

Is splitting up of tasks in a production process.As organization grows the greater division of labour.there are benefits and disadvantages

Question 4

Specialisation:

Answer 4

Related to division of labour ,people specialise