________ economies occur when a firm's costs of production decline as the number of firms in that industry increase within a given area.
A) Agglomeration
B) Consolidation
C) Accommodation
D) Divergent
Question 2
Which of the following is an advantage of the functional design?
A) Expertise is transferred with difficulty between functional areas.
B) Managers no longer have centralized control over functional operations.
C) Attention is focused on key areas of the firm.
D) Coordination between divisions is simplified.
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