WikiWealth

Economies of scale is the cost advantages that Arcelor Mittal obtains due to size. The greater the volume, the greater the advantages… … "Economies of Scale (Arcelor Mittal)" will have a long-term positive impact on the this entity, which adds to its value. This statements will have a short-term positive impact on this entity, which adds to its value. This qualitative factor will lead to a decrease in costs. "Economies of Scale (Arcelor Mittal)" is a difficult qualitative factor to defend, so competing institutions will have an easy time overcoming it.