Rumblesperger

Introduction Our company, AAB Motors Co., is a South Korean manufacturer and distributor of automobile and trucks motors and parts, based in Seoul. The company, which also conducts business in financial sector, employs 68,383 people worldwide. Currently, AAB has a market cap estimated in USD $28.9 Billion. (Forbes, 2017a) BBC Automobile Group produces vehicles and

Conceptual Review Before trying to apply managerial economics´ concepts into reality, we must recall the basic concepts involved in our discussion. The first concept that we are going to approach is Economy of Scale. In accordance with Besanko et al. (2013, p. 61), a production process “exhibits economies of scale over a range of output

Introduction Globalization and technological development have been under intense scrutiny of academics, practitioners and the media. The impact of one of their outcomes, however, deserves further debate, in face of its ubiquitous presence on everyday life, but, mainly, because it still represents a considerable threat for world economy. We are talking about financialization that can