Business GCSE
Competitive response and scale economies
What Competitive response and scale economies means in Business GCSE, as defined for AQA.
Definition of Competitive response and scale economies
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Reference: AQA
Rising sales can improve cash flow and allow scale economies, lowering unit cost, but growth also attracts competitors, so the business must defend its position.
Topics that use Competitive response and scale economies
Related terms
- Access to customers
- Adaptation and reaction
- Adaptation to change
- Advertising
- Balancing
- Batch Production
- Brand awareness
- Brand awareness and image
Using Competitive response and scale economies in the exam
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