Discuss the Goals of a Firm and Analyse the Issues that Impact on the Ability of Australian Firms to Engage in External Economies of Scale

Businesses and firms are a vital part of the economy. They are organisations that effectively combine the factors of production to provide a good or a service. Firms are the major production units within the Australian economy. Their size, behaviour and performance impact upon the overall productive capacity. Firms contribute towards the growth of the economy with the production of goods with growth in sales, employment and regional development. …