The Basic Types of Operational Economies Through Which Firms Seek

question 58

Multiple Choice

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

• A) synergies between internal and external capital markets.
• B) the leveraging of individual tangible resources.
• C) the sharing of value-chain activities and support functions.
• D) joint ventures and outsourcing.

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Definitions:

Supply Curve

A graphical representation that shows the relationship between the price of a good and the quantity of the good that producers are willing and able to sell.

Carrots

In a metaphorical sense, incentives or rewards used to motivate behavior; in a literal sense, a root vegetable typically orange in color.

Supply Curve

A graph showing the relationship between product price and quantity of product that a seller is willing and able to supply.

Quantity Supplied

The amount of a certain good or service that producers are willing to supply at a given price.