Wayne Inc supplies a wide range of electronic products. However, the quality of the company's products is low compared to other companies. The CEO of the company decides to improve quality by reducing the variety of products. The decision of the CEO is based on the concept of _____
a. privatization
b. globalization
c. economies of scale
d. specialization
d
Economics
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Investment, a key component of aggregate demand, can cause recessions and booms based on fluctuations in its levels
Indicate whether the statement is true or false
Economics
Businesses are less likely to make investment expenditures in order to increase their production or initiate new ventures under which of the following conditions?
A) if the economy appears to be weakening B) if interest rates increase C) if corporate income taxes increase D) all of the above
Economics