Do you think that a company becomes more or less efficient as it grows in size?

Hello Sir [이름]!
Thank you for sharing your insights about this topic.

I think as long as the companies do their duties, it will be good.

And like what you mentioned, it needs to cut costs, improve customer satisfaction, stay ahead of the competition, provide good service.

I learned a lot from your composition.

Teacher Nina

We can’t generalize whether a company becomes more or less efficient as it grows in size.

>> correct

>> We conclude whether a company becomes more or less efficient as it grows.

As a company grows, it will face more challenges in various areas such as products development, supply chain management, warehousing, and so on.

>> correct

The legacy processes and systems that the company had and relied on seemed to be working fine before it became big, however, it needs to find, develop, and implement a more efficient way to further grow.

>> correct

>> The legacy processes and systems that the company had and relied on seemed to be working fine before it became big. However, it needs to find, develop, and implement a more efficient way to further grow.

Otherwise, sooner or later, any company not operating efficiently will be out of business.

>> Otherwise, sooner or later, any company that is not operating efficiently will be out of business.

Most companies will go through the cycle of growing and becoming less efficient, thus developing new systems to be more efficient.

>> correct

If the company refuses to change, the consequence of it will be disastrous.

>> correct

Efficiency is even more important for small and medium-sized businesses because their resources are limited compared to large global companies.

>> correct

Companies basically need to cut costs, improve customer satisfaction, and stay ahead of the competition.

>> correct