dear all
Pl. explain the topic "experience curve" in relation to strategic management....................
Thnx in advance!
dear all
Pl. explain the topic "experience curve" in relation to strategic management....................
Thnx in advance!
As per Experience curve, when any product is produced by the co. again and again , his experience increases and his cost of the product goes down.As per experience curve, as compared to smaller firms large frms have cost benefits and there cost of the manufacturing is low.
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