Meaning of economies of scope in English
(Definition of economies of scope from the Cambridge Business English Dictionary © Cambridge University Press)
Examples of economies of scope
economies of scope
Economies of scope are, however, a necessary condition.
It therefore can result in significant economies of scope since one advertising campaign can be used for several products.
Network effects are also mistaken for economies of scope.
A company that sells many product lines, sells in many countries, or both will benefit from reduced risk levels as a result of its economies of scope.
Here, economies of scope make product diversification efficient if they are based on the common and recurrent use of proprietary know-how or on an indivisible physical asset.
The term 'economies of scope' was first used where the joint production of two goods costs less that their separate production.
From the Cambridge English Corpus
These economies of scope in transaction differ radically from the traditional economies of scope in terms of production costs.
From the Cambridge English Corpus
In contrast, economies of scope in transactions refers to the costs of using the market.
From the Cambridge English Corpus
The literature has been unclear whether economies of scope can be achieved on smaller sized integrated operations.
From the Cambridge English Corpus
The bundling of such services and products clearly reduces transaction costs, leading to a new type of economies of scope.
From the Cambridge English Corpus
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
