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Business, 20.08.2019 22:10 jess4kids

Gwhat is the difference between economies of scale and economies of scope? scale and scope mean the same thing and the only difference is the extent of cost savings accrued from unrelated businesses in each. scale refers to the extent of change, while scope refers to the possibilities of change. scale refers to cost savings that accrue directly from larger-sized operations, while scope stems directly from strategic fit along the value chains of related businesses. scale is about dimensions, while scope is about the capacity available for production capabilities.

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