Multiple Choice
A toy maker sells a large number of toys and due to the large volume production it is able to acquire the raw materials required to make the toys at a cheaper price than the competition. In this case, the toy maker is taking advantage of ________.
A) economies of scale
B) economies of scope
C) organizational culture
D) organizational structure
Correct Answer:

Verified
Correct Answer:
Verified
Q61: _ determines how much value is created
Q62: You are a consultant to Apex Corporation.
Q63: An organization's culture is shaped by the
Q64: Which of the following is a part
Q65: What is the difference between economies of
Q67: Transaction costs are the costs associated with
Q68: Which of the following is an example
Q69: Entrepreneurship is the process by which people
Q70: Formation of organization results in increased transaction
Q71: Operative goals can be either short or