Which of the following statements regarding economies of scale and scope is FALSE?
A) Cost-reduction synergies are hard to predict and achieve.
B) Because the CEOs of small firms receive information so quickly,small firms are often able to react in a timely way to changes in the economic environment.
C) Synergies usually fall into two categories: cost reductions and revenue enhancements.
D) There may also be costs associated with the size of large enterprises.
Correct Answer:
Verified
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Martin Manufacturing
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