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scale economies Tagged Articles
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Benefits of Regional Economic Integration
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| Regional economic communities are formed because of the expected benefits from them.
An important feature of the higher levels of integration is free trade among members. |
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Other scale economies Related Articles
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4.0 Diversification trends in Africa: Economic Report on Africa 2007
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| The diversification of African economies is one way through which the recent economic
growth achievements could be sustained. Africa’s economic transformation
can be achieved through both horizontal and vertical diversification. In addition,
such diversification will help to build competitive economies that can productively
be integrated into the global economy. Diversification is therefore a pre-condition if
Africa is to register accelerated development. The scaling-up of current real growth
to desired levels and in a broad manner can also be sustained if there is deepening in
the diversification of African economies. |
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5.1 The development model should determine the optimal trade policy: Economic Report on Africa 2007
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| The two-stage diversification process from economic history has been registered both
in open and closed economies. The difference between the two is that the turning
point after reasonable and sustainable development has been achieved occurs at a
much earlier point for open economies compared to the case for closed economies. |
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Quote: Taking African products where there’s no bias
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| While more established economies begin to focus on the revenue potential of emerging economies, many of those emerging economies are also seeing the benefits of selling to each other. |
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Public Sector Procurement Practice and the Principles of External Economies, Clustering and the Global Value Chain
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| Can the public sector effectively apply the principles of External Economies to its procurement practice?
“External economies of scale (ES) occur outside of a firm, within an industry. Thus, when an industry’s scope of operations expands due to, for example, the creation of a better transportation network, resulting in a subsequent decrease in costs for a company working within that industry, external economies of scale are said to have been achieved. With external ES, all firms within the industry will benefit.” (What Are Economies of Scale? By Reem Heakal, January 2003)
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Merger or consolidation; facility actions help it succeed
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| Merge or consolidate to concentrate resources for successful operation; use economies of scale to minimize cost.
But don’t overlook facilities and operation, where all the plans and expectations must come together or the new entity won’t function.
In any economy, especially this one, consolidation or merger can make economic and strategic sense. First plan, and later integrate, equipment, processes and facilities properly because they affect not only the balance sheet but also future P&L results of the entity.
My Amazon book, Facility Relocation, Merger and Design, provides both management suggestions and hands-on guidance to facility planning.
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Consolidate or merge a checklist
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| Merge or consolidate to concentrate resources for successful operation; use economies of scale to minimize cost. In any economy, especially this one, consolidation or merger can make economic and strategic sense. First plan, and later integrate, equipment, processes and facilities properly because they affect not only the balance sheet but also future P&L results of the entity.
In addition to this informative article, my Amazon book, Facility Relocation, Merger and Design, provides both management suggestions and hands-on guidance for this management strategy.
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WHEN YOU EXPAND YOUR PRODUCT LINE, WHERE I WOULD START?
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| It seems pretty obvious but which one should you be marketing? Sometimes it is the ugly one, not the real attractive one to market. However, I challenge you to narrowly focus on these items and look at a way to develop this portion your business. Put some sizzle back in it. Don't necessarily look at your competitors here; think of your own strengths. Think about those areas in which the organization excels. Leverage these to realize economies of scale and even the possibility to develop secondary products using your core products as leaders. Here is a 8-step process, you could use to go about it: |
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Merger Downsizing
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| The following example shows how downsizing after a merger can become a huge morale problem for the surviving organization as well as the organization being taken over. Most mergers are done to improve economies of scale and reduce costs by combining similar functions in the two previously independent organizations. This is a tempting ploy when looking at how an organization can survive the increasingly competitive world market. Beware! |
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Outsourcing Call Center Services- Why to outsource call center services?
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| You may have heard about clinches like “think big”. Well, now its time to act upon it. Being a small business owner, you include a good reason to think something big. The recent day outsourcing services handle all of your incoming calls that allow you function like one big business with the given access to efficiency, expertise and the economies of scale, which most huge companies are found to enjoy.
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Painting on a large scale canvas
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| When choosing to paint on a large scale canvas it can be very daunting to many artists out there. Firstly before you decide the scale of your canvas |
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