The reduction in per-unit costs that occurs as an organization gains experience producing a product or service

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The reduction in per-unit costs that occurs as an organization gains experience producing a product or service is known as economies of scale. Economies of scale is one of the contributing factors to the experience curve. True or False

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Strategic Management Theory And Practice

ISBN: 9781452234984

4th Edition

Authors: John A. Parnell

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Question Posted: Mar 03, 2024 12:01 AM

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The reduction in per-unit costs that occurs as an organization gains experience producing a product or service

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The statement is False Heres why Economies of scale and experience curve are related but not the sam...View the full answer

Strategic Management Theory And Practice

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