The Manager of an Established Small Manufacturing Plant Said, "We

question 83

Essay

The manager of an established small manufacturing plant said, "We can't compete with large organizations because they have the advantage of economies of scale." Draw from the chapter on organization size to discuss his position, explaining any factors that might counter his position to some extent. How should he manage in order to take advantage of the firm's small size?

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Definitions:

Servicing Materials

Items and supplies used in the maintenance and repair of machinery, equipment, or products to ensure their continued operation or use.

Budgeting

The process of creating a plan to spend your money, forecasting income and expenditures over a set period.

Medical Supplies

Items used in medical care, ranging from consumables like syringes and bandages to more complex equipment such as defibrillators and patient monitoring systems.

Flexible Budget

A budget that adjusts or changes according to the level of activity or volume of production in an organization.