"Economies of scale" prevent a company from taking advantage of mass production.
Answer the following statement true (T) or false (F)
False
Most firms specialize in producing and selling large amounts of a narrow assortment of goods and services, which allows them to take advantage of mass production with its economies of scale.
You might also like to view...
A key issue in global organization is when to achieve balance between autonomy and integration
Indicate whether the statement is true or false
Subcultures refer to
A. subgroups within the larger national culture, whose values and beliefs are diametrically opposed to foreign cultures. B. groups within organizations whose values and beliefs influence the corporate culture. C. stakeholder groups outside an organization whose values and beliefs are contrary to the corporate culture. D. the designation given to people between the ages of 13 and 24 whose values and beliefs are not yet fully formed but are still influenced both by their families and society. E. subgroups within the larger, or national, culture with unique values, ideas, and attitudes.
________ refers to the speed with which consumers and businesses adopt a particular product
A) A penetration strategy B) Positioning C) A skimming strategy D) Diversification E) Diffusion of innovation
What provisions is commercial email subjected to under the CAN-SPAM Act?