Economies of Scope Are Possible When Companies Can Leverage a Value-Chain

question 41

Multiple Choice

Economies of scope are possible when companies can leverage a value-chain activity across more than one or all of the following except ________.

• A) product
• B) service
• C) geographic arena
• D) strategy

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Definitions:

Transportation Model

A mathematical method used in operations research to solve problems involving the distribution of goods or services from multiple sources to multiple destinations.

JIT Principles

Just-In-Time (JIT) Principles focus on reducing waste in the production process, implementing efficient production techniques, and improving quality by producing only what is needed, when it is needed.

Machine Locations

Refers to the strategic placement of machinery within a production facility to optimize workflow and efficiency.