Economies of Scope: Definition, Examples, and Strategic Insights
https://www.supermoney.com/encyclopedia/economies-of-scope
WebMar 28, 2024 · Summary: Economies of scope refer to the cost-saving benefits achieved when a company produces a variety of goods or services together, reducing the overall cost of production. Unlike economies of scale, which focus on volume, economies of scope emphasize the efficiency gained through the simultaneous production of diverse …
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