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Terry
0450-18-F-M-12-3c
Chan
TOPIC QUESTION - PAPER 1
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Chan
May 30, 2021 at 5:38:51 AM
Feb/Mar 2018
Version 2
1.0 Understanding Business Activity
1.3 Enterprise, Business Growth and Size
YOUR ANSWER
Disadvantage 1: Diseconomies of scale
Explanation: As STC grows, they may face more communication issues between managers and workers as more workforce increases
Disadvantage 2: Risk of fall in demand
As STC products are price elastic in demand, a slight increase in prices may reduce a significant quantity of demand of STC's product and cause STC to make a loss.
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