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Unit 4.2: Scale of production

This lesson focusses on the concepts of economies and diseconomies of scale with examples, including purchasing, marketing, financial, managerial and technical economies and examples of diseconomies of scale e.g. poor communication, lack of commitment from employees and weak coordination. In the new syllabus this section will move to unit 4.4.Lesson time: 50 minutesLesson objectives:In this lesson students will learn...

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