Economies of scope exist when multiple products can be produced at a lower cost in combination than they can separately.
Answer the following statement true (T) or false (F)
True
Economies of scope exist when multiple products can be combined and produced at one facility at a lower cost than they can be produced separately.
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When considering where to export, advantages to managers of focusing on a nation that is already a sizable purchaser of goods coming from the home country include all of the following except
A. currency from the foreign country is available to pay for the exports. B. export and import regulations are not insurmountable. C. there are abundant natural resources in the importing nation. D. satisfactory transportation facilities have already been established. E. the business climate in these importing nations is already relatively favorable.
Lionel Richmond is a soccer player who has a six-year contract with the Christshire United soccer team. Two years into the contract, he meets with an accident which results in the complete amputation of his right leg
On what basis is Richmond discharged from further performance of the contract? A) novation B) substituted contract C) accord and satisfaction D) discharge by impossibility
The purpose of a diversity initiative is to
a. help employees learn to ignore cultural factors on the job. b. eliminate a sense of humor when dealing with cultural mistakes. c. learn to view others as individuals rather than members of stereotypical groups. d. accomplish all of the above.
A microphone is an example of a presentation aid
Indicate whether the statement is true or false