Economies of Scope Typically Involve

question 28

Multiple Choice

Economies of scope typically involve:

• A) sharing resources by business units.
• B) acquiring resources from outside a company.
• C) utilizing resources in limited quantities by specific business units.
• D) acquiring resources from another business unit in a company.
• E) utilizing resources to develop a new business unit.

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Definitions:

RAM

Random Access Memory, a type of computer memory that can be accessed randomly, any byte of memory can be accessed without touching the preceding bytes.

Temporary

Pertaining to a limited period of time, not permanent.

Volatile

Referring to substances that easily evaporate at normal temperatures or, in financial markets, to investments subject to rapid and unpredictable changes in value.

Supercomputers

High-performance computing systems that are among the fastest and most powerful at any given time, used for complex simulations, data analysis, and scientific research.