Which of the Following Statements Regarding Economies of Scale and Scope

question 32

Multiple Choice

Which of the following statements regarding economies of scale and scope is FALSE?

• A)Cost-reduction synergies are hard to predict and achieve.
• B)Because the CEOs of small firms receive information so quickly,small firms are often able to react in a timely way to changes in the economic environment.
• C)Synergies usually fall into two categories: cost reductions and revenue enhancements.
• D)There may also be costs associated with the size of large enterprises.

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Definitions:

Masculinity

A set of attributes, behaviors, and roles associated with boys and men as influenced by culture, society, and personal choice.

Economic Achievement

The attainment of financial goals or milestones, often measured by income, wealth, or status.

Organizational Power

The capacity or ability of individuals or groups within an organization to influence others, make decisions, and control resources.

Gender-role Socialization

The process through which individuals learn the norms and behaviors considered appropriate for their gender in their culture.