Vincent owns a bakery and is creating a SWOT analysis to see where he can make improvements and increase sales.All of the following are threats to the success of his company EXCEPT
A)economies of scale.
B)a downturn in the economy.
C)regulatory changes.
D)an enhanced market competition.

Question

Quizplus · Accepted Answer

Economies of scale refer to the cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output decreasing with increasing scale. This is not a threat but rather a potential strength or opportunity for a business to reduce costs and increase competitiveness.

Vincent Owns a Bakery and Is Creating a SWOT Analysis