Which of the Following Is Cost Savings Usually Attributed to Superior

question 95

Multiple Choice

Which of the following is cost savings usually attributed to superior management skills and other difficult-to-measure managerial factors?

• A) Economies of scale
• B) Economies of scope
• C) Economies of synergy
• D) X-efficiencies

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Definitions:

Elite Theory

A theory that asserts that societies are divided into a small minority of elites who hold power and the majority of the population who are relatively powerless.

Civil Society

Civil society encompasses the network of non-governmental organizations and institutions that manifest interests and will of citizens, playing a key role in fostering community, advocating for social causes, and influencing policy.

Decentralization

The distribution of administrative powers or functions from a central authority to local or regional authorities.

Regionalization

Regionalization refers to the process of dividing an area into smaller regions that are administered by local authorities or have specific characteristics.