Discuss two approaches that firms can realize a cost, Operation Management

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Discuss two approaches that firms can realize a cost

1. Would companies engaging in related diversification necessarily produce products or services that are similar to each other? Why? Explain your answer with some examples.

2. Are economies of scale equally important in all industries? Why? Support your answer with at least two different industries.

3. Discuss two approaches that firms can realize a cost advantage through lower-cost inputs.

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Operation Management: Discuss two approaches that firms can realize a cost

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