Explain how globalisation can increase operational efficiency?

There are many ways in which globalisation can help increase operational efficiency, for example; economies of scale. Globalisation can help lower production costs as a result of a wide spread production, by spreading production over greater units of output economies of scale can be achieved. Thus increasing efficiency through offering lower operational costs. Globalisation can also result in an investment in capital. Thus directly effecting production on a wide scale. Therefore increasing productivity, increasing operational efficiency.

EA
Answered by Ella A. Business Studies tutor

3318 Views

See similar Business Studies A Level tutors

Related Business Studies A Level answers

All answers ▸

How do you work out breakeven?


What are the different types of finance available to a business


Explain the advantages of being a franchisee


What is meant by the term 'gearing'?


We're here to help

contact us iconContact ustelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

MyTutor is part of the IXL family of brands:

© 2025 by IXL Learning