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 selling of skills.

Question

Quizplus · Accepted Answer

The two basic types of operational economies through which firms seek value from economies of scope are sharing activities and transferring skills or corporate core competencies. This is often achieved through the sharing of resources, knowledge, and expertise across different business units within the same company. Concentric diversification and joint ventures can be a means of achieving this, but they are not the basic types of operational economies. Buyer and supplier relationships and selling of skills are not examples of operational economies, but rather they are types of external business relationships.

The Basic Types of Operational Economies Through Which Firms Seek