When Discussing "Economies of Scope," It Involves Understanding That They

Multiple Choice

When discussing "economies of scope," it involves understanding that they

A) stem from the cost-saving efficiencies of operating over a wider geographic area.
B) have to do with the cost-saving efficiencies of distributing a firm's product through many different distribution channels simultaneously.
C) stem from cost-saving strategic fits along the value chains of related businesses.
D) refer to the cost savings that flow from operating across all or most of an industry's value chain activities.
E) arise from the cost-saving efficiencies of having a wide product line and offering customers a big selection of models and styles to choose from.