Which One of the Following Is an Example of Economies

question 21

Multiple Choice

Which one of the following is an example of economies of scope?

• A)Acquiring a firm to improve bargaining power in price negotiations
• B)Acquiring a firm to gain access to foreign markets
• C)Acquiring a firm to improve the production process
• D)Acquiring a firm to reduce the overall cost of production

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Definitions:

Aversive Conditioning

A behavioral technique that involves teaching individuals to associate an undesirable behavior with an unpleasant stimulus to discourage the behavior.

Rational-emotive

A form of psychotherapy that identifies and changes irrational beliefs, emphasizing emotional well-being through rational thinking.

Gestalt

A theory in psychology suggesting that the mind tends to perceive objects as whole patterns or configurations, rather than merely as sums of individual components.

Group

A number of individuals who come together or are classified together based on shared characteristics or for a common purpose.