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10 cards from this deck
Average costs rise as output increases
Output level that minimises long-run average costs
Challenges of managing large, complex organisations
Longer chains of command increase miscommunication
Workers feel insignificant, leading to demotivation
Problems affecting all businesses in particular area/industry
Departments reluctant to share information with others
Funding large orders without sufficient financial resources
Starting with insufficient capital to fund operations
80%
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