The beginning of this economic concept, economies of the scale, can be dated back to Adam Smith, who was a Scottish pioneer of political economy and an importan
Unscaled identifies the forces that are reshaping the global economy and turning one of the fundamental laws of business and society -- the economies of scale -
First published in 1998, this book introduces a new concept of profitability, called the 'efficiency rate of profit', which is defined as the ratio between the
This book covers the basic theory of how, what and when firms should produce to maximise profits. Based on the neoclassical theory of the firm presented in most
The discussion in this book provides an introduction to the concept of entrepreneurship and entrepreneurial business management. The author covers many elements