Online selling (relative to traditional retailing) is a scale business characterized by high fixed costs and relatively low variable costs.
I have read this in Steve Anderson's 'The Bezos Letters: 14 Principles to Grow Your Business Like Amazon'.
Is scale here used as an adjective?
Could you please explain what is meant by a scale business?
I have read this in Steve Anderson's 'The Bezos Letters: 14 Principles to Grow Your Business Like Amazon'.
Is scale here used as an adjective?
Could you please explain what is meant by a scale business?