The Basic Types of Operational Economies Through Which Firms Seek

question 22

Multiple Choice

The basic types of operational economies through which firms seek value from economies of scope are:

• A)buyer and supplier relationships
• B)concentric diversification and joint ventures
• C)sharing activities and transferring skills or corporate core competencies
• D)joint ventures and the selling of skills

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Definitions:

Cultural Context

The set of social, historical, and cultural circumstances surrounding a particular situation, event, or behavior.

Personal Qualities

Traits or characteristics inherent to an individual that can influence their behavior, interactions, and effectiveness in various contexts.

GLOBE Project

A research initiative that examines the relationship between societal culture, organizational culture, and organizational leadership across the world.

GLOBE

Stands for "Global Leadership and Organizational Behavior Effectiveness," a research program focusing on culture and its impact on leadership and organizational effectiveness.