Assignment:
Describe activities in your organization or other organizations that result in economies of scale and economies of scope. Explain the economic benefits of these activities for the organization. Make sure you explain each of the concepts.
As you consider the difference between economies of scale and scope consider the merger of AT & T and TimeWarner versus the merger of Sherwin Williams and Valspar. Which of these is more likely a merger about scope and which is more likely a merger about scale?