According to Studies, Which of the Following May Better Explain

question 19

Multiple Choice

According to studies, which of the following may better explain cost differences and operating cost efficiencies among FIs?

• A)Diseconomies of scale.
• B)Economies of scale.
• C)Economies of scope.
• D)X-inefficiencies.
• E)Diseconomies of scope.

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Definitions:

Consumers

Individuals or households that purchase goods and services for personal use.

Integrated Marketing Communication (IMC) Strategy

A holistic approach in marketing that aims to ensure consistency of message and the complementary use of media to reinforce the customer's brand experience.

Well-Defined Purpose

Refers to a clear, specific, and explicit goal or objective that guides an action, project, or strategy.

Personal Selling

A form of direct marketing where sales representatives personally interact with potential customers to inform about and sell their products or services.