________ are substitutes for exploiting economies of scope in diversification.
A) Tax havens
B) Tax shelters
C) Tax freedom
D) Strategic alliances

Question

Quizplus · Accepted Answer

Strategic alliances are substitutes for exploiting economies of scope in diversification. Strategic alliances can be used to combine resources and skills of two or more companies for mutual benefit, allowing for diversification without having to invest in new resources and capabilities. This can lead to cost savings and increased efficiency for both companies involved in the alliance. Tax havens and tax shelters are not related to exploiting economies of scope in diversification, and tax freedom is not a substitute for this strategy.

________ Are Substitutes for Exploiting Economies of Scope in Diversification