Choose the statement that is incorrect.
A)A firm coordinates a particular set of activities if it can do so at a lower cost than a market.
B)Firms can achieve economies of scale.
C)Firms can achieve economies of scope.
D)Firms can eliminate transactions costs.
E)Firms do not practice outsourcing.

Question

Quizplus · Accepted Answer

This statement is incorrect as firms do practice outsourcing in order to reduce their costs and increase efficiency.

Choose the Statement That Is Incorrect