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economy of scope

The situation that arises when the cost of performing multiple business functions simultaneously proves more efficient than performing each business function independently.

Related information about economy of scope:
  1. Economies of scope - Wikipedia, the free encyclopedia
    Economies of scope are conceptually similar to economies of scale. Whereas ' economies of scale' for a firm primarily refers to reductions in average cost (cost ...
     
  2. What is economy of scope? definition and meaning
    Definition of economy of scope: The situation that arises when the cost of performing multiple business functions simultaneously proves more efficient than ...
     
  3. Economies of scope: Definition from Answers.com
    What is difference between economy of scale versus economy of scope? Read answer. ... Efficieny and economy of scope in market economy? Efficieny and ...
     
  4. Economy of scope - Financial Dictionary - The Free Dictionary
    Scope economies exist whenever the same investment can support multiple profitable activities less expensively in combination than separately. Want to thank ...
     
  5. Economies of Scale and Economies of Scope Study Guide - eNotes
    The savings from producing both pulp and paper would be an economy of scope for the large producers, although the large companies probably also have ...
     
  6. Definition of economy of scope
    economy of scope definition and meaning by Oxford University Press.
     
  7. Economy of scope, added value chain and cost dynamics: A ...
    The added value chain model shows how products flow through successive design, manufacturing and distribution activities: the added value steps [1]. In firms ...
     
  8. Model Driven Engineering of Economy of Scope ... - SpringerLink
    Model Driven Engineering of Economy of Scope. Systems. Z. Cui, R.H. Weston. MSI Research Institute, Loughborough University, UK. Abstract. As product ...