Author Question: When a firm divests itself of an unrelated business to focus on it core competency, the firm is A) ... (Read 68 times)

natalie2426 · **on:** Jun 30, 2018

When a firm divests itself of an unrelated business to focus on it core competency, the firm is
A) using economies of scope to cut costs.
B) downsizing.
C) outsourcing.
D) market sharing.

Question 2

In which of the following are the parties likely to avail themselves of norms for the transaction?
a. When transactions are repeated
b. When the stakes for both parties are high
c. When court costs are low
d. When information costs are high