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Minimum Efficient Scale

CaseInterview.com

It is the notion that, as a company gets bigger, it is able to achieve cost savings through its “scale” or the size of its operations. My post office is next to the grocery store, which is next to my bank, which is around the corner from the drug store, etc. In economics, economists talk about “economies of scale.”

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Student consulting – it does more than deliver

Tom Spencer

It’s great CV and interview fodder. For most students, this will probably be the main reason why they join a student consultancy – it looks great on the CV and gives you something to talk about in interviews. This was definitely the case for me.