Multiple Choice
Jupiter LLC is a manufacturer of leather items. The board of directors of Jupiter realized that it is better to produce handbags and shoes together rather than in two separate factories. This way, the company can reduce its production costs. This scenario best illustrates a(n) _________.
A) related-linked diversification
B) unrelated diversification
C) economy of scope
D) economy of scale
Correct Answer:
Verified
Correct Answer:
Verified
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