The Basic Types of Operational Economies Through Which Firms Seek

question 58

Multiple Choice

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

• A) synergies between internal and external capital markets.
• B) the leveraging of individual tangible resources.
• C) the sharing of value-chain activities and support functions.
• D) joint ventures and outsourcing.

---

Definitions:

Perceptual Error

Mistakes in judgment that arise from inaccuracies in the sensory processing or interpretation of information.

Cognitive Frameworks

Mental structures and processes used to organize and interpret information, guiding how we perceive and react to the world around us.

Organized Knowledge

Systematically arranged and structured information that is accessible and understandable.

Classical Conditioning

An educational method where connections are made between stimuli in the environment and those that occur naturally.