The main concepts to determine the scope of a firm's activities are

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All of the mentioned concepts are important in determining the scope of a firm's activities. Economies of scope refer to the cost advantages a firm may have by producing a range of products rather than specializing in one. Transaction costs are the costs associated with making a transaction or contracting with another party. Corporate complexity refers to the level of complexity in a firm's organizational structure and operations. All of these concepts are important in guiding a firm's decisions regarding the range of activities it should undertake.

The Main Concepts to Determine the Scope of a Firm's