Quotes & Sayings About Economies Of Scale

The proper goal of an economic democracy agenda is to replace the global suicide economy ruled by rapacious and unaccountable global corporations with a planetary system of local living economies comprised of human-scale enterprise rooted in the communities they serve and locally owned by the people whose wellbeing depends on them. — David Korten

Economies of scale are a good thing. If we didn't have them, we'd still be living in tents and eating buffalo. — Jamie Dimon

Even if the initial home-base advantage is hard to sustain, a global strategy can contribute to supplementing and upgrading it. A good example is in consumer electronics, where Matsushita, Sanyo, Sharp, and other Japanese firms initially competed on cost in selling simply designed, portable televisions. As they began penetrating foreign markets, they gained economies of scale and further reduced cost by moving down the learning curve. Worldwide volume then helped to support aggressive investments in marketing, new production equipment, and R&D and to achieve proprietary technology. — Anonymous

Here are economies like China's economy where it's less than a tenth [of a percent] today, although it is growing, is quite small, because of the notion that the government takes care of everything, and Europe and China, philanthropy has not been nearly of the same scale. — Bill Gates

There are really two things that have to occur in order for a new technology to be affordable to the mass market. One is you need economies of scale. The other is you need to iterate on the design. You need to go through a few versions. — Elon Musk

Whether the labor unions and the socialists yesterday, or NGOs and
human rights activists today, these forces increasingly tend to provide the
external envelope of a power reshaping polities, societies, and economies on
a global scale according to the prescriptions of a new reason of State. — Nicolas Guilhot

We are moving rapidly from an era of an oligopoly of content providers to an oligopoly of content controllers: new choke points. This is not media consolidation in the traditional sense, where a few huge conglomerates used economies of scale to dominate journalism by dominating the local and national agendas. This consolidation, to a very few companies plus increasing government intervention, is even more dangerous - and information providers of all kinds are finally starting to grasp what's happening. — Dan Gillmor

There are really very few economies of scale in centralising or standardising advertising. — Stephen King

Our grandfathers lived in a world of largely self-sufficient, inward-looking national economies - but our great-great grandfathers lived, as we do, in a world of large-scale international trade and investment, a world destroyed by nationalism. — Paul Krugman

Unfortunately, once an economy is geared to expansion, the means rapidly turn into an end and "the going becomes the goal." Even more unfortunately, the industries that are favored by such expansion must, to maintain their output, be devoted to goods that are readily consumable either by their nature, or because they are so shoddily fabricated that they must soon be replaced. By fashion and built-in obsolescence the economies of machine production, instead of producing leisure and durable wealth, are duly cancelled out by the mandatory consumption on an even larger scale. — Lewis Mumford

Large companies are not going to disappear. Multinational companies with tens of thousands of employees are not going to disappear. In fact, many of them are getting larger because they can benefit from economies of scale. — Daniel H. Pink

Hyatt lost its appeal because it was too big a machine. It's easy to systematize economies of scale, but you slowly lose who you are. — John Pritzker

NCL ... stands to achieve greater success under the Carnival Corp. umbrella, which will provide NCL with economies of scale, greater access to capital, marketing and operating expertise and stronger credibility in the leisure and vacation industry. — Micky Arison

Part of the concept of the euro zone was to establish a common market. The banks were going to bank across all their countries like we bank across states. But that concept got killed for a whole bunch of reasons that I won't get into. That was a good concept, by the way. It may yet return, because there are huge economies of scale in banking. That's another thing people don't quite get. — Jamie Dimon

It used to be that companies with industrial economies of scale created business success. Now, success will come from the information economies of scale, either the ones with complete breadth, or complete depth. — Tucker Max

I think the American people should see that the corporations abandoned them long ago. That people will have to build their own economies and rebuild democracy as a living democracy. The corporations belong to no land, no country, no people. They have no loyalty to anything apart from their profits. And the profits today are on an unimaginable scale; it has become illegitimate, criminal profit - profits extracted at the cost of life. — Vandana Shiva

The size of General Motors is in the service not of monopoly or the economies of scale but of planning. — John Kenneth Galbraith

Because of the economies of scale in data, the cloud giants are increasingly powerful. And because they're so susceptible to regulation, these companies have a vested interest in keeping government entities happy. When the Justice Department requested billions of search records from AOL, Yahoo, and MSN in 2006, the three companies quickly complied. (Google, to its credit, opted to fight the request.) Stephen Arnold, an IT expert who worked at consulting firm Booz Allen Hamilton, says that Google at one point housed three officers of "an unnamed intelligence agency" at its headquarters in Mountain View. And Google and the CIA have invested together in a firm called Recorded Future, which focuses on using data connections to predict future real-world events. — Eli Pariser

Every monopoly is unique, but they usually share some combination of the following characteristics: proprietary technology, network effects, economies of scale, and branding. — Peter Thiel

One must be wary of the view that these loose and diverse coalitions represent a new form of globalized participatory democracy. The dissent industry is largely a product of the Internet revolution. Inexpensive, borderless, real-time networking provides advocacy non-governmental organizations [NGOs] with economies of scale and also of scope by linking widely disparate groups with one common theme. — Sylvia Ostry

In our business, except in media buying, there are few economies of scale. Client perception of creative agencies is that the bigger they are, the worse they are. — Martin Sorrell

Samasource creates jobs in regions where more traditional forms of employment in low-income economies, such as manufacturing, are difficult to scale because of poor infrastructure. In a village in Rukka, India, for example, our small data entry partner employs over 60 people doing various types of Internet research for Samasource. — Leila Janah

Beyond streamlining operations and introducing cost innovations, a second lever companies can pull to meet their target cost is partnering. In bringing a new product or service to market, many companies mistakenly try to carry out all the production and distribution activities themselves. Sometimes that's because they see the product or service as a platform for developing new capabilities. Other times it is simply a matter of not considering other outside options. Partnering, however, provides a way for companies to secure needed capabilities fast and effectively while dropping their cost structure. It allows a company to leverage other companies' expertise and economies of scale. Partnering includes closing gaps in capabilities through making small acquisitions when doing so is faster and cheaper, providing access to needed expertise that has already been mastered. A — W.Chan Kim

There is a central difference between the old and new economies: the old industrial economy was driven by economies of scale; the new information economy is driven by the economics of networks ... — Carl Shapiro

College today is an expensive option without a lot of economies of scale, right, when you go and live at a college. So you have a system that's increasing its cost base by probably five percent a year. — Gerald Chertavian