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Business microlearning from Japan’s No1 MBA


Experience Curve

00h 06m (1 section)

Course Description

What happens as a company gains experience with what it does?

While companies see several benefits from increased experience, one of the most significant is lower costs per unit. This is due to the effects of the experience curve.

The experience curve refers to how a company’s costs per unit will tend to decrease the more experienced it becomes at something.

Take this course and see how companies achieve higher productivity and efficiency the more practiced they become.

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