Examlex
The basic types of operational economies through which firms seek value from economies of scope are:
Stakeholder Representatives
Individuals who act on behalf of specific groups interested in or affected by the outcome of a project or decision.
Corporate Governance
The structures, policies, and practices in place within an organization to ensure accountability, fairness, and transparency in the company's relationship with its stakeholders.
Inside Directors
Board members who are also employees, officers, or stakeholders in the company, providing them with detailed knowledge of its business operations.
Outside Directors
Members of a company's board of directors who are not part of the company's day-to-day operations and are often brought in for their expertise or to provide an objective perspective.
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