The Key Concepts of Economies of Scope, Resources and Capabilities

question 69

Multiple Choice

The key concepts of economies of scope, resources and capabilities, transaction costs, and cost and complexity are:

• A)Common to vertical, geographical, and product scope
• B)Common concepts used in micro-economics
• C)Concepts used in the Porter's five forces model of competition
• D)Different, but have relationships related to the risk they entail

---

Definitions:

Hallucinogens

Substances that induce alterations in perception, mood, and cognitive processes, often resulting in visual or auditory hallucinations.

Drug's Effect

The specific physical and psychological changes produced in the body as a result of the action of a pharmaceutical or psychoactive substance.

User's Culture

The shared values, practices, and beliefs of a group to which a user belongs, influencing their behavior and perceptions.

Tolerance

Tolerance is the ability or willingness to accept and respect the beliefs, practices, or traits of others even if they are vastly different from one's own.