Steven Imke May 10, 2021 Recently, I had the opportunity to discuss profit margins with a client. I shared how some companies can have higher margins than similar companies based on economies of scope. The client was confused about the differences between economies of scope and economies of scale. This post endeavors to describe how … Continue reading What You Need to Know About Economies of Scope
Tag Archives: Economies
3 Ways Business Leaders Can Help with Boosting Local Economies
Peter Daisyme — April 20, 2018 — April 20, 2018 Cities, though public entities “owned” by their governments and residents, are dependent upon private businesses. The success of the private sector — and the improvements fueled by businesses — makes many other aspects of community life appealing. This includes everything from enhancing 5G connectivity to … Continue reading 3 Ways Business Leaders Can Help with Boosting Local Economies