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:
- 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 ...
- 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 ...
- 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 ...
- 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 ...
- 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 ...
- Definition of economy of scope
economy of scope definition and meaning by Oxford University Press.
- 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 ...
- 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 ...