Which of the Following Refers to an FI's Ability to Generate

question 117

Multiple Choice

Which of the following refers to an FI's ability to generate cost synergies by producing more than one output with the same inputs?

• A)Market intermediation.
• B)Economies of scope.
• C)Break-even point.
• D)Economies of scale.
• E)Business continuity plan.

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Definitions:

Human Resource Strategy

A plan of action designed to achieve a company's objectives by effectively managing and deploying its human resources.

Micro-Business

A small business typically characterized by having fewer than 10 employees, often operating with a low capital investment and in a localized market.

HR Related Tasks

Activities and responsibilities associated with the human resources department, including recruitment, compensation, performance evaluations, and employee relations.

Future Orientation

The extent to which individuals or organizations focus on and prepare for future events and possibilities, often associated with long-term success and planning.