Is It Possible to Benefit from Economies of Scope and Economies

question 46

Multiple Choice

Is it possible to benefit from economies of scope and economies of scale simultaneously?

• A)Yes, although in practice one is likely to be more important than the other in a specific firm
• B)Theoretically yes, but the organization would need to be larger than any in existence today
• C)Yes, but you have to achieve one first, then the other
• D)No. They are mutually exclusive

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Definitions:

Discrimination Complaints

Refers to formal grievances raised by employees or job applicants who believe they have been treated unfairly or prejudicially in the workplace due to their race, gender, age, disability, religious beliefs, or other protected characteristics.

Subjective

Pertaining to or influenced by personal feelings, tastes, or opinions rather than external facts or evidence.

Interview Process

A series of steps or stages involved in selecting a candidate for a position through meetings and assessments.

Paper-and-Pencil Honesty Test

A psychological test designed to assess an individual's honesty and integrity, typically used by employers during the hiring process.