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Big firms can reap economies of scale. A big factory uses far less cash and labour to make each car or steel pipe than a small workshop. Big supermarkets such as the villainous Walmart offer a wider range of high-quality goods at lower prices than any corner store. Size allows specialisation, which fosters innovation. An engineer at Google or Toyota can focus all his energy on a specific problem he will not be asked to fix the boss¡¯s laptop as well. Manufacturers in Europe with 250 or more workers are 30-40% more productive than ¡°micro¡± firms with fewer than ten employees. It is telling that micro enterprises are common in Greece, but rare in Germany.
Big firms have their flaws, of course. They can be slow to respond to customers¡¯ needs, changing tastes or disruptive technology. If they grew big thanks to state backing, they are often bureaucratic and inefficient. To idolise big firms would be as unwise as to idolise small ones.
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reap º¸´äÀ» ¾ò´Ù, ¼öÈ®ÇÏ´Ù. economies of scale ±Ô¸ðÀÇ °æÁ¦.
workshop °øÀå, ÀÛ¾÷Àå, °½Àȸ. villainous ¾Ç¶öÇÑ.
corner store ±¸¸Û°¡°Ô. fosters ¾çÀ°ÇÏ´Ù. innovation úÔãæ(Çõ½Å).
fix °íÄ¡´Ù. enterprises ±â¾÷. flaws ÌÀùè(°áÇÔ).
disruptive ºÐ¿·Î »õ·Î »ý±ä, ºÐ¿ÀûÀÎ. bureaucratic ίÖöîÜ(°ü·áÀû)ÀÎ.
inefficient ºñ´É·üÀûÀÎ. idolise éÏßÀûù(¿ì»óÈ)ÇÏ´Ù.
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