Economies of Scope
November 14, 2011 Leave a comment
Economies of Scope. Here is a blog from Tom Spencer reflecting on the economies of scale and scope. Economies of Scale receive a lot of attention. Especially in the world focused on the generic business strategy of cost leadership. For the fragmented industries dominated by the small and medium sized businesses Economies of Scope might be considered in a strategic plan to compete in a crowded market place.