Economies of Scope Are Cost Savings from Leveraging Core Competencies

question 109

True/False

Economies of scope are cost savings from leveraging core competencies or sharing unrelated activities among businesses in a corporation.

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Definitions:

Engineering Technician

A professional who applies theoretical engineering principles and technical skills to support engineers in various projects and experiments.

Theory Y

A management approach based on the belief that employees are intrinsically motivated to work and can be trusted to seek out responsibility.

Punishment

The introduction of an unpleasant stimulus as a consequence of the learner having done something wrong.

True Self

Refers to an individual's authentic, core identity that remains constant over time and across situations.