If a Diversified Firm Had Three Businesses and These Companies

question 28

Multiple Choice

If a diversified firm had three businesses and these companies shared a common marketing and service operation, as well as common technology and development, this would be an example of which type of economy of scope?

• A) core competencies
• B) shared activities
• C) risk reduction
• D) multipoint competition

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Definitions:

Articulates

Describes how bones connect or join with each other, often to form joints that allow for movement and support of the body.

Radius

A bone in the forearm on the lateral side (thumb side), which runs parallel to the ulna and is involved in forearm rotation.

Pectoral Girdle

The skeletal framework in the upper torso that provides attachment for the arms and includes the clavicles and scapulae.

Axial Skeleton

The part of the skeleton that includes the skull, vertebral column, ribs, and sternum.