Copy and Edit

Economies of Scale

Description

Business Studies Mind Map on Economies of Scale, created by maddiemurchie23 on 30/04/2013.
maddiemurchie23
Mind Map by maddiemurchie23, updated more than 1 year ago
maddiemurchie23
Created by maddiemurchie23 over 11 years ago
242
5
0

Resource summary

Economies of Scale
  1. Internal
    1. Types of economies of scale
      1. Managerial
        1. Technical
          1. Financial
            1. Marketing
              1. Purchasing
              2. Diseconomies of scale
                1. Average cost of output rises as firms increase scale
                  1. Motivation
                    1. Communication
                      1. Management
                    2. External
                      1. Cheaper suppliers
                        1. Cheaper workforce
                          1. Infrastructure
                            1. Diseconomies of scale
                              1. Wages rise
                                1. Infrastructure gets overused
                              2. Average costs fall as firms increase scale
                                Show full summary Hide full summary

                                Want to create your own Mind Maps for free with GoConqr? Learn more.

                                Similar

                                Business Studies Unit 1
                                emily.mckechnie
                                Business Studies Unit 2
                                tara.springate
                                1.3.1 Characteristics of Successful Entrepreneurs
                                Molly Hills
                                Unit 1: Business Studies GCSE
                                Libby Rose
                                Unit 3 Business Studies
                                Lauren Thrower
                                BUSS1
                                Sophie Davis
                                The skills needed to be a successful entrepreneur
                                rhiannafordx
                                The skills needed to be a successful entrepreneur
                                Rosie Wallis
                                AS - Buss1 - Formula Cards
                                Sophie Davis
                                How to Turn Business Failure into Business Success
                                Micheal Heffernan
                                Chapter 40: Promotion
                                19leesia
                                Browse Library