Ad-Free CAclubindia and Daily Updates on your mobile. Subscribe Now!

will u please explain it!

Kumar Gaurav (Going...to be C.A soon...) (1624 Points)

28 October 2010

dear all

Pl. explain the topic "experience curve" in relation to strategic management....................

Thnx in advance!

Reply
Follow
Share

1 Replies

CA Manish Kumar (Chartered Accountant) (383 Points)
Replied 28 October 2010

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.