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Keywords: Scale efficiency
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Journal Articles
Human Resource Management International Digest (2020) 28 (4): 47–49.
Published: 01 June 2020
... For productivity and efficiency, businesses try to maintain an economy of scale – that is, an optimal balance between inputs and outputs. Mass production systems (and scale efficiency) are designed to keep production costs low while maintaining high outputs. Decreases in output demands and increases in wage...
