Question

most likely be minimized if too much power was centraliezd in one unit of the firm?...

most likely be minimized if too much power was centraliezd in one unit of the firm?

a) economics of scale
b) economics of svope
c) worldwide learning
d) location efficinices

Homework Answers

Answer #1

Answer

Option c) is correct. Worldwide learning will most likely be minimized if too much power was centralized in one unit of the firm.

Reason:

Organizations learn when they take decisions for themselves, fail and make up for their mistakes. If all the power is concentrated in just one unit of the firm, the othr units will not be able to learn. This is because there will not be any sharing of information.

On the other hand, economies of scale and scope may still be possible. The firm may still work efficiently but not all will be able to learn from it.



Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
The Prime Minister of Canada has too Much Power. Choose one problematic source of this power...
The Prime Minister of Canada has too Much Power. Choose one problematic source of this power and provide one solution (way of limiting this source)
11.0 The charge that is most likely a fixed cost is for: Select one: a. Materials....
11.0 The charge that is most likely a fixed cost is for: Select one: a. Materials. b. Equipment rental. c. Direct labor. d. Utilities. 12.0 If it takes 40 hours to complete the first unit and the company knows from experience that the learning rate should be 0.80, how fast can they be expected to finish all twelve units? Select one: a. 18 hours b. 289 hours c. 264 hours d. 316 hours 13.0 A budgeting method that assigns costs...
Which one is the most obvious reason why trading too much can be bad for your...
Which one is the most obvious reason why trading too much can be bad for your overall return? On average, people make bad trades that attenuate returns Trading too much entails too much trading costs which hurts the net return People who trade too much seek too much risk People who trade more suffers more from psychological biases
1. What type of firm is most likely to use a LBO? (a) mature, low growth...
1. What type of firm is most likely to use a LBO? (a) mature, low growth firm (b) midlevel manufacturer (c) young, biotech firm (d) regulated firm 2. A merger between two banks would most likely be considered: (a) a vertical merger (b) a horizontal merger (c) an equity carveout (d) a spin off
Which one of the following firms is most likely to use retention? A. A closely held...
Which one of the following firms is most likely to use retention? A. A closely held firm B. A firm with a high level of financial leverage C. A publicly traded and widely held firm D. A small firm i choose A
1. Which of the following is the most likely candidate to be a monopoly? A. Your...
1. Which of the following is the most likely candidate to be a monopoly? A. Your local electric company B. General Electric, a large electronics corporation C. Wal-Mart D. Sony, the sole producer of PlayStation 2. DeWine’s is a single-price monopolist and it owns the world’s only red diamond mine. It is protected from competition by ______ barrier to entry. D. no A. a legal B. a scale C. a natural D. no 3. According to the textbook, all monopolies,...
Suddenly there is an increase in the demand for Frisbees. The most likely result would be...
Suddenly there is an increase in the demand for Frisbees. The most likely result would be A firm will not produce where MR=MC when a. It is making an operating profit b. It is earning negative economic profits c. It is making an operating loss d. It is earning positive economic profit Households are a. Suppliers in the input market b. Demanders in the labor market c. Demanders in the input market d. Suppliers in the product markets The short...
What factor is most likely to increase the bargaining power of buyers? a. Switching costs are...
What factor is most likely to increase the bargaining power of buyers? a. Switching costs are high. b. Purchases represent a small percentage of the buyer's costs. c. Buyers do not have access to full information on supply prices and terms. d. Buyer profit margins are low. What does the term "economies of scale" describe? a. The expense incurred by customers when moving from one provider or product to another. b. The heavy development and advertising costs necessary to establish...
In the list of stocks below, which firm is most likely to have the smallest impact...
In the list of stocks below, which firm is most likely to have the smallest impact on the behavior of a price-weighted index over the short-term future? Time T Stock Price # of shares A $30 100 B $60 150 C $90 40 D $100 100 A. Stock A B. Stock B C. Stock C D. Stock D E. Cannot determine
Question 42 Marginal cost is ________. A. the total cost of producing one unit of a...
Question 42 Marginal cost is ________. A. the total cost of producing one unit of a good or service B. the average cost of producing a good or service C. the difference between the lowest price a firm would have been willing to accept and the price it actually receives D. the additional cost to a firm of producing one more unit of a good or service BAM223 - PRINCIPLES OF ECONOMICS
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT