Gaining the Advantage from Economies of Scope Requires That

question 66

Multiple Choice

Gaining the advantage from economies of scope requires that

• A)a company must internally expand its scope.
• B)a company must usually enter into a licence arrangement.
• C)a company must usually acquire a company who is expert in an additional business.
• D)the firm is be able to spread common cost somehow, either by performing the additional activity internally, or by licensing the resource.

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Definitions:

Cortex Mapping

A method used to identify the functions of different regions of the cerebral cortex.

Brain Plasticity

The ability of the brain to change and adapt as a result of experience, learning, or due to damage, by reorganizing its structure, functions, or connections.

Cerebral Hemisphere

One of the two halves of the brain, each responsible for different functions, with the left hemisphere typically managing tasks related to logic and language, and the right handling creativity and spatial abilities.

Frontal Lobe

The part of the brain located at the front of each cerebral hemisphere, responsible for decision making, problem solving, and controlling behavior.