Which of the Following Best Illustrates an Economy of Scope

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So from the options the best answer is. 1 on a question.

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Which of the following BEST illustrates the economic concept of scarcity.

. Which of the following best illustrates an economy of scopeA. Which of the following statements illustrates economies of scope. Being able to eliminate or reduce costs by performing all of the value chain activities of related sister businesses at the same locationC.

Why buy extra books when you can get all the homework help you need in one place. Using existing channels of distribution to introduce a new product. Term Which of the following best illustrates an economy of scope Definition.

Choosing to start a. The economy is partly defined as saving costs or the efficient allocation of capital and scope. Which of the following best illustrates an economy of scope.

A-a shoe brand outsourcing its production unit to manufacturers in less developed nations b-a chocolate manufacturing company setting up its own cocoa plantations. AThe ability to use cartographic techniques to describe the. Which of the following Annoying Features fits best.

You give me a shirt that you have and I give you the shoes. By Admin September 27 2020 March 31 2021 Here is the answer of the question. Pages 40 Ratings 82 22 18 out of 22 people found this document helpful.

5 Which of the following best illustrates economy of scope. Being able to eliminate or reduce costs by expanding the size of a companys manufacturing plants Being able to eliminate or reduce costs by performing all of the value chain activities. The use of brand extensions.

View Test Prep - The following article illustrates economies of scope and scale that emerge from the logistics of mar from ECON 201 at University of Massachusetts Lowell. A- Jorges boss tells him that if he gets the stockroom cleaned up by closing time he can have the day off tomorrow. Being able to e.

Can I get help with. Strategic fit between two or more businesses exists whenever one or more activities comprising the value chains of different businesses are sufficiently similar to present opportunities. Which of the following best illustrates the economic way of thinking.

D-creation of economies of scope for the firm. B-In the winter the hardware store charges more for snow shovels than it charges in the summer. Which of the following best illustrates an economy of scope.

Being able to eliminate or reduce costs by offering customers a bigger selection of models styles and product versions to choose from. Which of the following best illustrates the traditional economic systemlabel reading Made in China. Previous Question 9 Next Which of the following best illustrates an economy of scope.

Compre O by cho thua Sant Copying sharbating ce vd party woboite posteljny prohibid and certaines beregner Walton Being able to eliminate or reduce costs by. The traditional economic system was based on the direct exchange of goods and services for example. Being able to eliminate or reduce costs by operating over a wider geographic area.

Economy of Scope Explained. Which of the following best illustrates an economy of scope A Being able to. A synonym for economics of scale.

Passing clothes down from older to younger brother. Written by the MasterClass staff. Which of the following best illustrates an economy of.

Feb 25 2022 2 min read. Extending existing distribution channels to reach new customers. Sonys average total cost starts falling as it increases the production of TV sets.

Being able to eliminate or reduce costs by expanding the size of a. Course Title MBA 601. The economies of scope definition are founded in the respective meanings of economy and scope.

Being able to eliminate or reduce costs by combining related value-chain activities of different businesses into a single operation. Which of the following best illustrates an economy of scope. In economies of scope businesses save money by diversifying their product lines and getting more value out of fixed costs.

Which of the following best illustrates backward vertical integration. Being able to eliminate or reduce costs by combining related value-chain activities of different businesses into a single operationB. On average people would rather make less if their peers earned less over being paid more if their peers make more.

As a Chegg Study subscriber you can view available interactive solutions manuals for each of your classes for one low monthly price. Solutions for Chapter 5S82 Problem 38MCQ. Capitalism allows for significantly less freedom than other economic systemsTrue False User.

The concept of economies of scope is best described as a. 3 Examples of Economies of Scope. C-Marie bought some stock for 1000 last year.

The correct option is A. -Being able to eliminate or reduce costs by combining related value-chain activities of different businesses into a single operation 6 Which of the following is NOT part of the task of checking a diversified companys business line-up for adequate financial and nonfinancial resource fit. Toshiba uses its designers and specialized equipment to make the hard drive for the iPod.

63 Which of the following BEST illustrates an economy of scope A Being able to from MANAGEMENT 417 at Concordia University. Passing clothes down from older to younger brother. View the full answer.

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