The Only Economy of Scope That an Unrelated Firm Can

question 87

Multiple Choice

The only economy of scope that an unrelated firm can try to realize is

• A) core competencies.
• B) tax advantages.
• C) multipoint competition.
• D) risk reduction.

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Definitions:

Criminal Background

A record of an individual’s history of criminal convictions and offenses.

Principal

The primary party involved in a transaction, agreement, or legal obligation, often responsible for fulfilling the terms of a contract.

Tort

A civil wrong or breach of duty to another person, as defined by law, that results in harm or injury, leading to legal liability.

Agents

Individuals or entities authorized to act on behalf of others in transactions or legal matters.