Question

The basic types of operational economies through which firms seek value from economies of scope are

a. synergies between internal and external capital markets.
b. the leveraging of individual tangible resources.
c. the sharing of value chain activities and support functions.
d. joint ventures and outsourcing.

Answer 1

The basic types of operational economies through which firms seek value from economies of scope are synergies between internal and external capital markets, the leveraging of individual tangible resources, the sharing of value chain activities and support functions, and joint ventures and outsourcing.

Step-by-step explanation:

The basic types of operational economies through which firms seek value from economies of scope are:

1. Synergies between internal and external capital markets
2. The leveraging of individual tangible resources
3. The sharing of value chain activities and support functions
4. Joint ventures and outsourcing

These operational economies allow firms to achieve cost savings, improve efficiency, and increase value by leveraging synergies, sharing resources, and collaborating with external partners. Examples include co-branding campaigns, cross-selling products, and outsourcing non-core functions to specialized providers.