Which of the Following Statements Is Not Generally True of a Diversification

question 12

Multiple Choice

Which of the following statements is not generally true of a diversification strategy based on the realization of economies of scope?

• A) The strategy requires the head office to evaluate each business unit as a stand-alone operation.
• B) The strategy allows a company to realize cost economies among business units.
• C) The strategy may allow a company to use shared resources more intensively, thereby realizing economies of scale.
• D) The strategy requires managers to be aware of the costs of coordination.
• E) The strategy requires close coordination among different business units.

Explore the concept of crowdsourcing, its effectiveness, and factors contributing to its growth.

Discuss contemporary approaches to enhance decision-making in organizations.

Understand how different domains like fashion and sports apply analytics and big data.

Comprehend the role of guessing and personal favoritism in organizational decision-making processes.

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Definitions:

Constructionist Perspective

A viewpoint in sociology that emphasizes the ways social phenomena are created, institutionalized, and made into tradition by humans.

Objective Fact

Information verified through observation or measurement, independent of personal feelings or opinions.

Voluntary Act

An action taken by an individual based on free will and conscious decision.

Relativist View

A perspective that holds beliefs, values, ethics, and moral standards as relative to individuals or cultures, denying universal standards.