Which of the following terms best represents the knowledge building created when two or more individuals or subunits pool resources and cooperate and collaborate across role or subunit boundaries? O A technical discontinuities O B. economies of scale OC information synergies O D. economies of scope

Which of the following terms best represents the knowledge building created when two or more individuals or subunits pool resources and cooperate and collaborate across role or subunit boundaries? O A technical discontinuities O B. economies of scale OC information synergies O D. economies of scope

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter7: Production, Costs, And Industry Structure

Section: Chapter Questions

Problem 42P: A small company that shovels sidewalks and driveways has 100 homes signed up for its services this...

See similar textbooks

Related questions

Q: ake the product, should you go ahead and d

A: Any decision regarding the production of goods by a firm depends upon the maximum profit it can get…

Q: Please note that this question has not yet been graded. I have submitted this question for help…

A: Overall cost refers to the total expense involved in achieving a specific level of output.Dividing…

Q: What is meant by the term decentralization?

A: Organization refers to a group of persons engaged in the achievement of established goals. It can be…

Q: Applying Immanuel Kant’s moral philosophy, what is ONE argument that you can come up with FOR or…

A: Immanuel Kant (1724–1804) contended that the preeminent rule of morality is a norm of sanity that he…

Q: responsibility matrix and how would it be used in project management?

A: Responsibility matrix also named as RACI matrix. It is the main component in the completion of a…

Q: As a student in social entrepreneurs dealing with community people, what habits and traits you must…

A: Social entrepreneurship is an attempt through which an individual, organization, groups, fund and…

Q: The physical facilities, IT components, IT services and IT personnel that support an entire…

A: IT components, IT services and IT personnel requires an well developed infrastructure to support…

Q: Ano ang tungkulin sa edukasyon

A: Role of Education in individual's life.

Q: In SMC Company, staff are told to follow diligently the company code of ethics and abide by company…

A: A code of ethics is one of the essential elements for a company's environment as it clearly lays out…

Q: OneLogin x B Achieve Assignments - ECO2023 X Assessment - Microeconomics 68 X…

A: Entrepreneur is a person who plays significant role in changing economic and business transactions…

Q: Azril is going to buy 5 new color photostat machine which is a new high technology model from Japan…

A: Given information Azril is buying 5 photostat machine. The new machines are related to high…

Q: In a 5- sentence paragraph, discuss the definition of Technical Communication.

A: What is Technical communication /correspondence? Technical communication uses various media stages…

Q: Los puntos _________ de la Frontera de Posibilidades de Producción son posibles pero ineficientes.…

A: A production possibility frontier is similar to the budget constraints, but the only difference is…

Q: (Discuss any TWO (2) methods of creativity for an entrepreneur in generating ideas and give one…

A: Business: A business is characterized as an association or venturesome substance occupied with…

Q: “A case of a start-up is going to be provided.” What are pains, gains and customer jobs in this…

A: Value of Customers Customer value is the measure of a product or service's value to a customer in…

Q: The teohnically efficient combiaation of two products a business cän produce in the current period…

A: Economics is a social science that describes human behavior regarding their unlimited wants in terms…

Q: Does Design & build or Management Procurement methods or strategies can improve the system of…

A: Introduction Tradition approach also help in developing new approach because as time goes on…

Q: Question 2 Your uncle is thinking about opening a hardware store. He estimates that it would…

A: Given: The cost of rent and buying stock = Rs.5,000,000 per year Salary of current job = Rs500,000…

Q: Midterm - Spring 202 x asslutall JaolaX…

A: Least functional group to most functional group. 1)Reinforcement,emergence, brainstorming.…

Q: What has been the impact of technology and the Internet on global culture? Select one: O a. The…

A: Technology is the set of skills, processes, methods, and activities that are used in producing…

Q: Time left Generalizability refers to O a. to the scope of applicability of the research findings in…

A: Economics as a subject deals with the allocation of scarce resources among humans with unlimited…

Q: How do the reward system and organization cultureaffect innovation in organizations?

A: Innovative organizations appear to have cultures which are closely related. They promote creative…

Q: How has e-commerce transformed businesses? Required. Give minimum 500 words explenation and aslo…

A: E-commerce is the electronic buying and selling of products via online services or the Internet. The…

Q: 1.Quantity 2. Pnce 3. TR 4. Cost per unit 5 TC

A: The profit of a firm equals the total cost, which is the total cost incurred by the firm, subtracted…

Q: Tamika, a young entrepreneur, has been purpose-driven toward social change in their rural community.…

A: *Answer:

Q: Which of the following statements defines the discipline of engineering economics most closely? c.…

A: Engineering economics, recently known as engineering economy, is a subset of economics concerned…

Q: 1. Which of the following generates the network economies of scale? i) Tiktok ii) Coffee from…

A: At the marketplace, network economies of scale refers to the situation when networking allows a firm…

Q: use of proj

A: The project method is considered to be a significant landmark in the history of the education…

Q: Give an example to describe a company’s procurement cycle in details with all the steps and…

A: The procurement cycle can be defined as a series of actions taken in order to obtain specific goods…

Q: QUESTION 5 Centralized the . and decentralized the .. OA Execution, planning O B. Planning,…

A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…

Q: What are the five groups on the diffusion of innovationcurve?

A: Innovation curve represents the relationship between the rate at which a new technology is adopted…

Q: The model suggests that a company has a series of processes that adds value to final products and…

A: The models and the concepts differ according to the firms and their functioning. The firms in the…

Q: Give 3 key characteristics of Sucessful Technopreneurship and explain each of it.

A: The term entrepreneurship refers to self owned business owners who are able to organize, develop and…

Q: Do you think that the benefits we get from gold—its uses in jewelry, dentistry, electronics, and…

A: By recording their innovative, community-based field experiences, CORE NGOs can share their…

Q: reneurship ourses / BAMG2111/ SAMPLE EXAMS FROM PREMOUS SEMESTERS /.Practice Quiz Semester 2 AY…

A: Food products and manufacturing are essential and as Oman is a rich country,It can develop this…

Q: FC VC AVE TC MC OUTPUT 10 2. 10 16 4. 36 40

A: Total cost is all the expenditure done by producer in the process of production. The cost are of two…

Q: What are the challenges associated with adopting an online class learning modality? What are the…

A: Challenges The students who have consistently been considering in the conventional classroom…

Q: s of an organization (e.g.Daraz) and identify relevant e-business systems (or modules) that can…

A: The five challenges of an organization and solutions are : 1. Poor communication : E-business has in…

Q: Which of the following concepts describes the active role of customers in innovation processes?…

A: In innovation, customers are increasingly stressed as a source of innovation. One of the great…

Q: Choose from your local context ONE private company (Bahrain) that you see is struggling and draft a…

Q: * Mind Tap - Cengage Learning EIN EIN G Google Account…

A: The correct answer is given in the second step.

Q: What are the Dos & Dont's of Technological Development/Progression and Our collective socio-ethical…

A: Technological development- It is related to anything regarding inventions or innovations.

Q: in computer-based information system, which of the following components combines all others…

A: A computer-based information system is the processing system of data that is used to support…

Q: Answer the attached question

A: An important problem facing entrepreneurs is deciding on a particular combination of materials that…

Q: ake relevant plots of equations (1) and (2) se the plots in (a) and plots of isoprofit curves…

A: (a) The cost function of firm A is, TC = 2Q ……...equation (1) The cost function of firm B is, TC…

Question

Which of the following terms best represents the knowledge building created when two or more individuals or subunits pool their
resources and cooperate and collaborate across role or subunit boundaries?
O A technical discontinuities
O B. economies of scale
OC. information synergies
O. D. economies of scope

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.

Similar questions

The physical facilities, IT components, IT services and IT personnel that support an entire organization is called: Select one: O A. Information Technology Architecture O B. Information Technology Infrastructure O C Information Technology Platform O D. Information and Communication Technologies
In choosing a production technology, how will firms react if one input becomes relatively more expensive?
A small company that shovels sidewalks and driveways has 100 homes signed up for its services this winter. It can use various combinations of capital and labor: intensive labor with hand shovels, less labor with snow blowers, and still less labor with a pickup truck that has a snowplow on front. To summarize, the method Choices are: Method 1: 50 units of labor, 10 units of capital Method 2: 20 units of labor, 40 units of capital Method 3: 10 units of labor, 70 units of capital If hiring labor for the winter costs $100/unit and a unit of capital costs 400, what is the best production method? What method should the company use if the cost of labor rises to $20/unit?
For each of the following examples, explain whether it is a case of external or internal economies of scale: a. Almost all Hermès products are manufactured in France. b. Apple has its displays mainly made in Japan and some made in Korea. c. All units of Toyota Land Cruiser and Prius sold in the U.S. market are assem- bled in Japan. d. Gerber used to be an American-owned company, now a subsidiary of the Nestlé Group, headquartered in Fremont, Michigan. It is often argued that the existence of increasing returns is a source of conflict between countries, since each country is better off if it can increase its production in those industries characterized by economies of scale. Evaluate this view in terms of the external economy model.
Course dashboard Generally, economies of scope are present when. Lutfen birini seçin. O a joint output is greater from a single firm producing two goods than could be achieved by two different firms each produoing a single product (assuming equivalent production anputs in both situations). O b.egonorues of scale are constant in the joint production of twaproducrs Oc egonomes of scale are present in the preduction of tvo or more coods Od.joint.otputis less from a single firm than could be achieved fomtwedifferent firms SLuations) SONRAKİ SAYFA FA
In computer-based information system, which of the following components combines all others components in order to process information and generate the desired output? O A. Software B. Network O C. Database D. Procedures CLEAR MY CHOICE NEXT PAGE Tr ideapadGAMING
All of these statements are true EXCEPT A. Creativity plays a critical role in innovation process. В. Creativity limits idea improvement as it moves forward. C. Creativity is an essential building block for innovation. D. Creativity sparks the initial idea.
Novartis's Prescription for Invoice ProcessingWhat do you do when you have more than 600 business units operating through 360independent affiliates in 140 countries around the world-processing complex invoices in variouslanguages and currencies? You seek out the best technology solution to make the job easier.At global pharmaceutical giant Novartis, the IT department is a strategic resource, a communityof 2,000 people serving 63,000 customers in 200 locations and 25 data centers. Because most ofthe company's invoices come from international suppliers, they have differences in design,language, taxes, and currency. Consequently, many ended up as "query items" requiring manualresolution by Novartis accounting staff-which delayed payments and made those invoicesextremely costly to process. In fact, finance personnel spent so much of their time resolvingqueried invoices that other work suffered. A solution was badly needed.To maximize its investment, Novartis needed a flexible solution that…
3 Explain how economies of scale can be a barrier to entry. Your initial post should be 3-4 paragraphs in length. Make sure to demonstrate critical thinking and analysis by using research. For full credit, include one journal article to support your pos t.t.
Zan Azlett and Angela Zesiger have joined forcesto start A&Z Lettuce Products, a processor of packaged shreddedlettuce for institutional use. Zan has years of food processingexperience,and Angela has extensive commercial food preparationexperience. The process will consist of opening crates of lettuceand then sorting, washing, slicing, preserving, and finallypackagingthe prepared lettuce. Together, with help from vendors,theythink they can adequately estimate demand, fixed costs, revenues,and variable cost per 5-pound bag of lettuce. They think alargelymanual process will have monthly fixed costs of $37,500andvariable costs of $1.75 per bag. A more mechanized process will have fixed costs of $75,000 per month with variable costs of $1.25 per 5-pound bag. They expect to sell the shredded lettuce for $2.50 per 5-pound bag.a) What is the break-even quantity for the manual process? b) What is the revenue at the break-even quantity for the manualprocess? c) What is the break-even…
The teohnically efficient combination of two products a business oän produco in the current period given its existing resources and teohnology is: LA) The produotion possibilities frontier (b) The marginał rate of product transformation-- (c). The least cost.combination of two products (d) The marginal physical product
Cost Per Year O O O 1 At what level of output does average total cost equal marginal cost? ♂ Q4 QQQQ Q8 TC VC FC Output