What is one reason that some firms are involved in multiple types of businesses
A)to increase private profit at the expense of consumers
B)to internalize some forms of positive externalities
C)to internalize some forms of negative externalities
D)to reduce the impact of government regulation on their business

Question

Quizplus · Accepted Answer

Firms may be involved in multiple types of businesses to internalize some forms of positive externalities, such as shared knowledge, resources, and capabilities among different business units. This can lead to cost savings and greater efficiency within the firm.

What Is One Reason That Some Firms Are Involved in Multiple