Food Tiger Inc. is a large chain of hypermarkets. It has cost benefits due to its extensive operation. The company's marketing and sales, logistics, administrative, and other such related costs get divided between a large number of product units stocked in its stores. This makes it difficult for smaller retail stores and supermarkets to compete against Food Tiger's low prices. Thus, Food Tiger has a competitive advantage due to its

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22-02-2022
Business

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Food Tiger Inc. is a large chain of hypermarkets. It has cost benefits due to its extensive operation. The company's marketing and sales, logistics, administrative, and other such related costs get divided between a large number of product units stocked in its stores. This makes it difficult for smaller retail stores and supermarkets to compete against Food Tiger's low prices. Thus, Food Tiger has a competitive advantage due to its

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Tundexi Tundexi · Answer 1 · 2022-03-03T09:53:57+01:00

Because its extensive operation makes its difficult for smaller retail stores to compete against their price. hence, Food Tiger has a competitive advantage due to its economies of scale.

What is an economies of scale?

An economies of scale refers to the cost advantages that a firm gains when its production becomes efficient because of its spread of costs over a larger amount of goods.

In conclusion, the Food Tiger firm has a competitive advantage because of its economies of scale.