Exam 2: The Horizontal Boundaries of the Firm

What measure,that depends on how much of a firm's revenues are attributable to product market activities that have shared technological characteristics,production characteristics,or distribution channels,is used to determine how diversified a firm is at a given time?

Economies of scale are best described as which of the following?

Examining which of the following is broadly considered one of the easiest ways to measure diversifying activity?

What kind of economies come from reductions in average costs due to increases in capacity utilization?

Which of the following is a source of diseconomies of scale at a large firm?

Which of the following practices does not contribute to the strategic fit of Southwest Airlines?

The minimum point on a U-shaped average cost curve is known as which of the following?

What kind of economies come from reductions in cost due to adoption of technology that has high fixed costs,but lower variable costs?

What force does Manne indicate constrains the actions of managers so that they stay focused on the goals of owners?

Why is firm specific learning better in general for an organization?

What are economies of density as referred to in the airline industry?

What type of research looks at the changes in market valuations in response to the announcement of diversifying acquisitions to assess the success of diversification?

How does carrying inventories contribute to economies of scale?

Which of the following is generally a way that LBOs can help a firm realize its potential value?

Which of the following benefits of diversification explains the idea that mergers are more likely when there is an expectation of positive changes in market share?

Diversifying activity is most often measured by looking at which of the following?

By satisfying which of the following conditions can shareholders prevent management driven acquisitions?

Consolidation of managers often occurs due to which of the following?

Why might a large firm actually be at an advantage over a smaller firm with respect to labor?

How does umbrella branding aid economies of scale and scope?