Economies Of Scale
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Economies Of Scale
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Organizations achieve economies of scale in a variety of ways. Maximum efficiencies can be gained when they achieve an optimum size. Different types include commercial, managerial, technical, marketing and financial economies of scale. But it is not simply a case of the bigger the better. There are many examples of diseconomies of scale as well - where organizations become too big and run inefficiently. This film examines a range of types of economies of scale and through interviews with a range of experts, as well as people on the street, explores how economies of scale work in business. A number of examples are used throughout. Interviewees include Francis Mulleady from the University of Westminster, Paul McGowan from the Centre for Innovative Technology, Leslie McGibbon from the Intercontinental Hotels Group and Gerard Callaghan from the Leighton Group.
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