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Business - Coggle Diagram

- - - - High quality products
      - Can customise products
    - - production time may be longer
      - high production costs
  - - - can't personalise products
      - increased wastage
    - - increased demand can cope
      - cost effective
  - - - low inventory
      - cheaper operating costs
    - - High costs of machinery
      - Unable to personalise products
  - - - cost reduction
      - Employee satisfaction
    - - Vulnerable to spikes in demand
      - Workers are more burnout
- - - - Lower financial costs as relying on internal resources
      - Builds on existing strengths and expertise
      - Sustainable and controlled expansion
    - - Slower growth compared to other strategies
      - Requires time and patience to see effective results
  - - - Access to talent
      - Rapid growth
      - Diversification
      - Increased efficiency
    - - Financial risks
      - Regulatory issues
      - Culture clash