Economies of size
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1) Mass production and economies of scale allow producers to benefit from higher quantity over higher quality by lowering costs and gaining more customers. China's GDP of $3.251 trillion and 11.9% growth rate shows the success of their focus on quantity. 2) India's DTH market has grown to 12 million subscribers over 50 months, with lower prices and offers helping the market recover costs faster than higher quality options. 3) Large retailers prioritize quantity over quality, as seen with Walmart's $22.8 billion in annual sales, 1.6 million employees, and 31,000 outlets worldwide, showing the business benefits of their quantitative approach.
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Visit : https://www.avirahi.com/blog/tata-group-dials-taiwan-for-its-chipmaking-ambition-in-gujarats-dholera/
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Economies of size
- 1. Quantity is Better than Quality 1 Retailer Consumer Producer Quantity Benefits
- 3. 1.85 MHz Free2 Source: Strategist
- 5. Growth Rate : 11.9%
- 7. Economies of ScaleSource: Statistical bureau of China 3
- 8. DTH Market in India 4 Rs 4000 12 Million Subscribers 50 Months Recovery period Offers Market Share
- 9. The view of a Common Man 5
- 10. $22.8 billion in Sales 1.6 Million Employees 31,000 Outlets 18.9 Trillion 6
- 11. 7 Submitted By: NayanaGohain Vineet Kumar Sharma GhulamSibtainBhat Liza Umbrey Ankit Gupta