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bija089 [108]
3 years ago
15

When a firm makes continual improvements to the processes used to produce, sell, distribute, and service its products across cou

ntry borders, its ability to learn how to reduce costs and increase the value of its products for its customers is enhanced. The firm is:
Social Studies
1 answer:
OLga [1]3 years ago
8 0

The answer is developing economies of scale and learning

Continual improvement is a practice adopted by several companies that aims to improve products, services and processes, making them better and better. It is essential for a company to increase its performance, thus strengthening its presence in the market.

This concept is becoming increasingly popular. It emerged a few decades ago and has already become a rule within organizations. This is because, with the increase of competition within the market, as well as the emergence of the Digital Era, companies were forced to change

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Potential output refers to the broadest level of real GDP that can be continued over the long term, and real output occurs in real life, whereas potential output depicts the level that could be attained.

<h3>What are the real and potential output?</h3>

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