When Discussing "Economies of Scope," It Involves Understanding That They

question 115

Multiple Choice

When discussing "economies of scope," it involves understanding that they

• A)stem from the cost-saving efficiencies of operating over a wider geographic area.
• B)have to do with the cost-saving efficiencies of distributing a firm's product through many different distribution channels simultaneously.
• C)stem from cost-saving strategic fits along the value chains of related businesses.
• D)refer to the cost savings that flow from operating across all or most of an industry's value chain activities.
• E)arise from the cost-saving efficiencies of having a wide product line and offering customers a big selection of models and styles to choose from.

---

Definitions:

Data

Information that has been collected, often observed, measured, or retrieved, for the purpose of analysis and making conclusions.

Case Study

Study of a single subject, such as an individual or family.

In-Depth Study

A thorough and detailed examination or analysis of a particular subject or phenomenon.

Individual

A single human being as distinct from a group, class, or family, often considered in the context of individuality and personal identity.