A Firm with a Particular Operating Expertise Merges with a Firm

question 67

Multiple Choice

A firm with a particular operating expertise merges with a firm with another operating strength to create a company that has expertise in multiple areas

• A) economies of scale
• B) economies of scope
• C) resource complementarities
• D) synergy

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Definitions:

Medical Expenses

Costs for healthcare services that can include but are not limited to, treatments, diagnostics, and medications.

Long Form

Refers to more detailed versions of documents or forms that require extensive information, such as the IRS 1040 form for taxes.

1040 Form

A standard IRS form used by individuals to file their annual income tax returns.

Interest Income

Earnings from investments in savings accounts, bonds, CDs, or other interest-bearing accounts.