Which of the Following Is NOT an Advantage of Firm

question 199

Multiple Choice

Which of the following is NOT an advantage of firm coordination of economic activity?

• A) Firm coordination decreases transactions costs.
• B) When firms coordinate economic activity, there are no opportunity costs.
• C) Firms can take advantage of the economies of team production.
• D) Economies of scope can be realized by firms that produce a range of goods and services that share specialized resources.

---

Definitions:

Business Cycles

Fluctuations in economic activity over time, characterized by periods of expansion (growth) and contraction (recession) in the economy.

CPFR Process

Collaborative Planning, Forecasting, and Replenishment, a process where supply chain partners share forecasts and plans to enhance supply chain efficiency.

Outbound-To-Customer

Logistic processes and activities involved in moving goods from the final storage hub to the end customer.