Economies of Scale Cannot Be Due Only to the Sheer

question 355

True/False

Economies of scale cannot be due only to the sheer size of a firm's operation.

---

Definitions:

Intangible Assets

Assets that lack physical substance but hold value for a company, such as brand reputation, intellectual property, and goodwill.

Strategic Tool Kit

A set of analytical tools and frameworks that assist in the formulation and implementation of strategic business decisions and marketing strategies.

Firm's Prestige

A measure of how highly a company or its products are regarded by customers, partners, and the market in general.

Revenue Streams

Different sources from which a business earns money from selling goods or providing services.