Which Statement About Economies of Scope Is Not True

question 210

Multiple Choice

Which statement about economies of scope is not True?

• A) Economies of scope are often attained through programmable automation.
• B) Economies of scope bring together two competitive priorities-customization and low price.
• C) Economies of scope reflect the ability to produce multiple products more cheaply in combination than separately.
• D) Economies of scope reflect low capital intensity and high resource flexibility.

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Definitions:

Risk Taking

Risk taking involves engaging in actions that expose one to the chance of loss or failure, often with the hope of achieving some benefit or gain.

Locus of Control

A psychological concept referring to the degree to which individuals believe that they have control over the events that affect their lives.

Assertiveness

The quality of being self-assured and confidently expressing one's rights or opinions without aggression.

Cooperativeness

A willingness to work together towards common goals or interests, often leading to mutually beneficial outcomes.