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3 years ago

Describe at least two advantages a large company has over a smaller company. (1-4 sentences.

2 answers:

4 0

A larger company can benefit from <em>economies of scale</em>, meaning they can get discounts by purchasing and producing in bulk which a smaller company wouldn't have the ability to do. A larger store also has the potential for higher revenue because they have more goods and services to sell.

timurjin [86]3 years ago

4 0

There are many advantages of having a large company over a smaller one.

As asked in the question, two main, of the many, advantages are described below.

Large companies are established companies. They have usually large number of stakeholders. So they are financially sound companies. They are usually not in a threat of being bankrupt. And they have a greater access to funding.

Secondly, they can somehow lower their costs when they are having huge sales volumes. This cannot be done by smaller companies.

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3 years ago

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Answer:

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Explanation:

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3 years ago

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Vladimir79 [104]

Answer: Overconfidence bias

Explanation:

The options are:

a. overconfidence bias

b. hindsight bias

c. framing bias

d. escalation of commitment bias

e. sunk-cost bias

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3 years ago

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lubasha [3.4K]

Answer:

The answer is attached;

Explanation:

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3 years ago

If the USA could produce 1 ton of potatoes or 0.5 tons of wheat per worker per year, while Ireland could produce 3 tons of potat

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Answer:

A. The USA specializes in potatoes because of its comparative advantage in producing potatoes.

Explanation:

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Ireland 3 tons of potatoes or 2 tons of wheat = 1,5

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3 years ago