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Theme 3 Business - Coggle Diagram
Theme 3 Business
3.1
Corporate objectives
missions statement - defines the fundamental purpose foo an organisation or enterprise briefly describing why it exists and what it does to achieve its vision
corporate vision - outlines what the organisation wants to be or how it wants the world in which it operates to be
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3.2
Growth
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diseconomies of scale - when average costs of production per unit start to rise, may be due to communication or coordination problems as the B expands too fast
EOS - the reduction of average cost per item as production increases and fixed costs are spread over more items
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