Unilever works on many different international products at once,creating efficiencies due to which of the following economies?

Question

Quizplus · Accepted Answer

Economies of scope refers to the cost advantage of producing a wider range of products by sharing the same resources such as equipment, marketing and distribution channels, and research and development. Unilever's ability to work on multiple international products at once creates efficiencies due to economies of scope.

Unilever Works on Many Different International Products at Once,creating Efficiencies