What does "Asset mass efficiencies" mean for a firm?
A)A firm should try to corner the market in a scarce resource.
B)A strong initial position for a specific resource facilitates the subsequent accumulation of more of that resource
C)It means the achievement of economies of scale through selling to a mass-market.
D)For the same resource, a larger amount is always more productive and efficient than a smaller one

Question

Quizplus · Accepted Answer

Asset mass efficiencies refer to the idea that having a strong initial position in a specific resource makes it easier for a firm to accumulate more of that resource over time, creating efficiencies in resource management and utilization.

What Does "Asset Mass Efficiencies" Mean for a Firm