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Summary

Summary of Case Session 1 - Competitive Analysis and Strategy

This document gives an elaborate explanation from the book of what has been covered in Case session one. the following topics are being discussed: Definition of Economies of Scale/Scope; Scale Economies, Invisibility, and the spreading of Fixed Costs; Special Sources of Economies of Scale and Scope; Complementariness and Strategic fit; Sources of diseconomies of scale; The learning Curve; Why do firms diversify; and Managerial reasons for diversification.

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