Diseconomies of scale
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Diseconomies of scale occur when a business grows so large that the costs
per unit increase. As output rises, it is not inevitable that unit costs
will fa...
7 years ago
Wednesday, 24 September 2008
Chance.
What's the chance that your business will double real production costs? 20%?10%?40? Even market researches can not be exact. You can never predict customers' choice. Sometimes it's just easier to bet in the casino with the chance of 18/37 and double your money in one minute. It depends on the person's understanding of this bet. In my opinion it's just the same risks. The only thing is that you shouldn't wait for a long time to notice the market's attitude towards your product. So what's the easiest way of getting money?To think about the product and to built your enterprise with 30% chance of success?Or to take a risk and to place all money on the red with the chance of 48%?Just think about it.
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3 comments:
If you make a mistake spelling 'business' wrongly there is no hope!
Can you just try to check my ideas but not spelling?:)
Of course but spelling tends to obscure your ideas.
In business you can influence the odds of success by your actions. With a casino you place a bet and the result happens - you have not influenced it.
Would you rather have no control or some?
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