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:

Wrongful Dissociation

The inappropriate or unauthorized withdrawal of a partner from a partnership, potentially leading to legal consequences.

Buyout Price

The agreed upon amount for which one party can purchase another party's interest in a company or investment.

Dissolution

The process of formally ending or dissolving a legal entity, such as a corporation, partnership, or marriage.

LLP

Stands for Limited Liability Partnership, a legal structure that offers some of the benefits of a partnership while limiting personal liability of the partners.