Economies of scope typically involve: a. sharing resources by business units. b. acquiring resources from outside...
Economies of scope typically involve: a. sharing resources by business units. b. acquiring resources from outside a company. c. utilizing resources in limited quantities by specific business units. d. acquiring resources from another business unit in a company. e. utilizing resources to develop a new business unit.
Homework Answers
Option 'A' is correct
Economies of scope typically involve sharing resources by business units. Economies of scope can be defined as the synergies that arise when one or more of a diversified company's business units are able to lower costs or increase differentiation because they can more effectively pool, share and utilize expensive resources or capabilities
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