What Does the Scope of the Firm Refer To

Multiple Choice

What does the scope of the firm refer to?

A) The firm's capability to employ vertical integration strategies
B) The combining of two or more companies into a single corporate entity (with the newly created company often taking on a new name)
C) The range of activities the firm performs internally and the breadth of its product offerings,the extent of its geographic market,and its mix of businesses
D) The ability of the firm to gain competitive advantage based on where it locates its various value chain activities
E) The ability of the firm to prevent foreign competition from affecting the market