Economies of scope differ from economies of scale in that A. C) scope refers to the reach of defined savings within the value chain, while scale refers to the magnitude or size of the operation itself. B. B) scope refers to strategic fits to be gained outside the value chain, while scale refers to the impact of the value chain on operations. C. E) they mean the same thing and the only difference is the extent of cost savings accrued from unrelated businesses in each. D. A) scope stems directly from strategic fit along the value chains of related businesses, while scale refers to cost savings that accrue directly from larger-sized operations. E. D) scope refers to the possibilities of change, while scale refers to the extent and direction of change.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Economies of scope differ from economies of scale in that A. C) scope refers to the reach of defined savings within the value chain, while ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Compute the present value of $1,150 paid in three years using the following discount rates: 6 percent in the first year, 7 percent in the second year, and 8 percent in the third year. (Do not round intermediate calculations.
Answers (1)
If the consumer price index for a certain year is 120, this means that the average price of consumer items in that year was:
Answers (1)
What can you do by creating a separate campaign that's targeted only to the display network?
Answers (1)
Meaning of concept in semantics
Answers (1)
Net income was $450,000. Beginning and ending stockholders' equity was $4,000,000 and $4,800,000, respectively. Beginning total assets = $6,000,000 and ending total assets = $6,600,000. What was the return on assets (ROA) ? A. 6.188% B. 7.143% C. 7.
Answers (1)
New Questions in Business
The sequencing of activities is often based upon dependencies between the activities. The dependencies that should guide activity sequencing can be either: a. critical or non-critical b. opportunities or threats c.
Answers (1)
Under this Act, you have the right to see the credit history maintained by a credit bureau about you, and under certain conditions they must provide you with a copy of your report free of charge. A. Fair Credit Reporting Act B.
Answers (1)
Explain how consumer and producer surplus affect economic well-being. When the price of a good or service is - enough, it will encourage consumers to buy. However, the price also has to be - enough to encourage producers to sell.
Answers (1)
A small town has few available workers, and unemployment is low. A family-owned restaurant in town has just had a very good year in profits and would like to hire additional wait staff to meet higher demand.
Answers (1)
Railway Cabooses just paid its annual dividend of $3.90 per share. The company has been reducing the dividends by 12.4 percent each year.
Answers (1)