Definition of «scale benefits»

The term "scale benefits" refers to the advantages that can be achieved when a product, service or technology is used at a larger scale. This could mean increasing production levels, expanding usage across a wider population or geographic area, or using more advanced technologies and techniques. The idea behind this concept is that as something is used on a grander scale, it becomes more efficient, cost-effective, and can provide greater value to the user. For example, if a renewable energy source such as wind power is expanded to serve an entire city instead of just one home, the benefits of clean, sustainable energy are multiplied across a larger population. Similarly, if a new medical treatment is tested on a large group of patients rather than just a few, it becomes possible to gather more data and determine its effectiveness more accurately. Overall, "scale benefits" refer to the potential for increased efficiency, productivity, and value that can be achieved when something is used or implemented at a larger scale.

Sentences with «scale benefits»

  • For a merger to deliver significant economies of scale benefits, one or both parties should be significantly below minimum efficient scale. (inc.com)
  • Your fulfillment centers are getting a lot of scale benefits. (businessinsider.com)
  • With scale benefits from offering many different services, and this warchest to fight off rivals, they could be right. (breakingviews.com)
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