The basic types of operational economies through which firms seek value from economies of scope are:
A)buyer and supplier relationships
B)concentric diversification and joint ventures
C)sharing activities and transferring skills or corporate core competencies
D)joint ventures and the selling of skills

Question

Quizplus · Accepted Answer

Sharing activities and transferring skills or corporate core competencies are the basic types of operational economies through which firms seek value from economies of scope. This involves leveraging existing resources and capabilities to enable activities such as cross-selling, bundling, and sharing of support functions, resulting in cost savings and/or revenue generation. The other choices either do not fit the definition of operational economies or are not the basic types of such economies.

The Basic Types of Operational Economies Through Which Firms Seek