Which of the following is an example of a costly-to-duplicate economies of scope?
A) Employee compensation
B) Core competencies
C) Shared activities
D) Risk reduction

Question

Quizplus · Accepted Answer

Core competencies are specialized skills or abilities that a company possesses that are difficult for competitors to duplicate. Developing and maintaining these competencies can be costly but they provide a unique advantage in the market. This is an example of a costly-to-duplicate economies of scope.

Which of the Following Is an Example of a Costly-To-Duplicate