Economies of scale do have relevance to large companies like Wal-Mart. When companies get larger, they can leverage thei
Posted: Fri Jul 01, 2022 7:55 am
Economies of scale do have relevance to large companies like Wal-Mart. When companies get larger, they can leverage their purchasing power to create economies of scale. They can leverage buying budgets, supply chain efficiencies, and even batch health care benefits for employees.
In an industrial market in which there are significant economies of scale, do larger companies like Home Depot or Walmart have a cost advantage over smaller companies? Please explain your answer and support your answer with reliable sources.
In an industrial market in which there are significant economies of scale, do larger companies like Home Depot or Walmart have a cost advantage over smaller companies? Please explain your answer and support your answer with reliable sources.