Origin of the name Oscar: derived from a Norman baronial name taken from a French place-name meaning golden city.. Others think it is merely an invention of the novelist Fanny Burney, who used it for the hero in her novel Evelina (1778).From A World of Baby Names by Teresa Norman.scar (Irish) possibly from the Gaelic phrase os cara, meaning friend of the deer. James Macpherson used the name in his Ossianic poems. Napoleon, an admirer of those works, imposed it on his little French godson, who ascended the throne of Sweden as Oscar I (or Oskar I).
Economies of Scale and Scope. Economy of scale is a concept that arises in the context of the production of a good or service, and other similar activities undertaken by organisations. This concept will provide an understanding of economies of scale, and some other concepts related to the production process.
Internal economies of scale occur when a firm reduces costs by increasing production. External economies of scale occur when an entire industry benefits from expansion; for example, through the creation of an improved transportation system, a skilled labor force, or by sharing technology.ot only does a larger plant gain from economies of scale, it also will produce more. Companies often use this advantage as a competitive strategy by first building a large plant with substantial economies of scale, and then using its lower costs to price aggressively and increase sales volume.