Business, 17.08.2019 22:20 journeyburks07

Economies of scope refer to the cost-savings that flow from operating across all or most of an industry's value chain activities. arise from the cost-saving efficiencies of having a wide product line and offering customers a big selection of models and styles to choose from. have to do with the cost-saving efficiencies of distributing a firm's product through many different distribution channels simultaneously. are cost reductions that flow from operating in multiple businesses; such economies stem directly from cost-reducing strategic fits along the value chains of related businesses. stem from the cost-saving efficiencies of operating over a wider geographic area.

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