Multiple Choice
The key difference between economies of scale and economies of scope:
A) Economies of scale relate to manufacturing activities;economies of scope relate to a wide range of functions
B) Economies of scale relate to expanding the output of a single product;economies of scope relate to expansion across multiple products
C) There is no practical difference
D) Scale economies are relevant to business strategy;economies of scope to corporate strategy.
Correct Answer:

Verified
Correct Answer:
Verified
Q6: A major reason for the trend to
Q7: The statement: "Economies of scope in shared
Q8: The internal labor market provides a large,diverse
Q9: If a utility company supplies both gas
Q10: Diversification whose sole impact is to reduce
Q12: Diversification that reduces unsystematic risk is likely
Q13: The failure of empirical research to find
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Q15: If a company can deploy its intellectual
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