Firms Seek to Create Value from Economies of Scope Through

question 71

Multiple Choice

Firms seek to create value from economies of scope through all of the following EXCEPT:

• A) activity sharing.
• B) skill transfers.
• C) transfers of corporate core competencies.
• D) linked operations.

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Definitions:

Management Function

A set of activities such as planning, organizing, leading, and controlling that are performed to achieve organizational goals efficiently and effectively.

Policy Development

The process of creating guidelines, rules, or procedures to govern the operations and decisions within an organization or community.

Performance Objectives

Specific, measurable goals set for employees or teams to achieve, aimed at improving overall performance.

Action Steps

Specific, measurable actions required to achieve a goal, often outlined in planning and project management.