The greater experience of these firms in the political and institutional context allows them to increase their multinational flexibility by considering investing in a wider range of countries which, in turn, permits that they select the ones in which they can obtain economies of scope
to a greater extent as a benefit from their related diversification strategy.
Economies of scope
from shared advertising and marketing costs could explain the overall positive pattern of the correlations.
Based on accounting controversies and the empirical evidence from early 2000s, it appears that the users assessed benefits from economies of scope
and knowledge spillover are lower than the sacrifices because of compromise of auditor independence.
It is the trade-off between marginal rivalries and economies of scope
in the fixed costs that leads to the simultaneous presence of vertically integrated and specialized firms.
Those who cannot exert such leadership should pursue solutions based on economies of scope
Thus, the economies of scope
are said to exist if the cost of joint production is less than the sum of the costs resulting from independent production.
The expected sign was positive, signifying that losses in economies of scope
from leaving a county would be smaller in large service areas than in small ones.
Second, this article examines whether there are economies of scope
between the "third sector" products (personal accident, medical expenses and nursing care expense insurance) currently offered by P/C insurers and the rest of the P/C insurance lines.
If mergers create cost synergies such as economies of scope
, banks can reduce expenses.
This solution will be maintained as long as economies of scope
and scale are exploited in such a way that it is financially more favourable for Norges Bank to purchase the service than to carry out the destruction itself.
As this national network evolved, carriers realized that they could obtain economies of scope
by utilizing the hub-and-spoke operating not only for the transportation of LTL trucking shipments, but also for the transportation of air freight, ocean, and rail shipments.
Placing livestock enterprises close to the ethanol production facility has a potential impact resulting from reduced transportation costs, the use of wet distiller's grain, and potential economies of scope