Title: Analysis of the Scale Economy towards Enterprise's Development
Abstract: With China joining the WTO,the increase in economic development and the continued opening of the markets,the environment for enterprise operations is becoming more complex,and the degree of competition these enterprises is becoming more intense.Chinese enterprises should increase the size of individual businesses through merger and acquisition as well as corporate conglomeration to realize the scale of economy.Such increases will not only help businesses avoid to the lower profit margins,but will also help them reach long-term development.The article discusses various models of enterprise development,the challenges these enterprises faced as well as the approaches they employed,shows the relation between the scale of economy and corporate size.In doing so,the article seeks to confirm the belief that an enterprise's core competitive capability brings about the expansion of its size,and that this superiority of economies of scale will in turn strengthen its core competitiveness.
Publication Year: 2008
Publication Date: 2008-01-01
Language: en
Type: article
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