The Basic Types of Operational Economies Through Which Firms Seek

question 72

Multiple Choice

The basic types of operational economies through which firms seek value from economies of scope are:

• A) buyer and supplier relationships.
• B) concentric diversification and joint ventures.
• C) sharing activities and transferring skills or corporate core competencies.
• D) joint ventures and selling of skills.

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Definitions:

Morality

Principles concerning the distinction between right and wrong behavior and the goodness or badness of human character.

Cognitive Faculties

Mental abilities or processes that are part of the human mind, such as perception, reasoning, judgement, and memory.

Health Care Proxy

A legal document that designates a person to make medical decisions on behalf of someone who is unable to do so.

Parkinson's Disease

A disorder of the nervous system that affects movement, often including tremors.