Mergers May Provide Reductions in Average Production Cost as a Result

question 80

Multiple Choice

Mergers may provide reductions in average production cost as a result of:

• A)Increased market share
• B)A more efficient management
• C)Economies of scale
• D)Diversification

---

Definitions:

Buy-Side Marketplace

A digital or physical marketplace that focuses on buyers, allowing them to search, compare, and purchase goods or services.

Procure

The action of obtaining or acquiring goods, services, or works from an external source, often through a bidding or tender process.

Amazon Effect

The impact of the digital marketplace on the traditional retail sector, where increased online shopping has changed consumer expectations and business models.

Retail Marketplace

An online or physical space where multiple vendors can sell their goods or services directly to consumers.