Describe the interrelationship between efficiency and, Ask an Expert

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Describe the interrelationship between efficiency and economics of scale. Include in your essay a discussion of mass customization versus mass production. (2) describe what is meant by competitive advantages and disadvantages. What is meant by focused cost leadership? (3) Define the following: chaining, franchising, horizontal merger, vertical merger, and acquisitions. (4) Discuss product proliferation and capacity control

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