Economies and diseconomies of scale - Growth in Business

5 Lessons included:
LOs covered:

• To explain why businesses want to grow/expand
• To state the different methods used to measure a businesses size.
• To identify internal and external growth methods
• To analyse a businesses choice of expansion
• To define economies of scale
• To use a graph to explain the impact of economies of scale on businesses.
• To revisit economies of scale and explain its impact on expanding businesses.
• To define diseconomies of scale
• To use a graph to explain the impact of diseconomies of scale on businesses.
• To understand the types of diseconomies of scale
• To explain how diseconomies of scale can effect businesses

Multiple tasks included: Case studies on Apple, Microsoft and NHS to teach measurement strategies, carosel activity for case study analysis on internal and external, real life case studies to teach economies and diseconomies of scale, alongside graph drawing, multiple choice quiz, exam question