Economies of scale
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Decreases in cost per unit as output increases
Total return on shareholders
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Return on risk capital that includes stock price appreciation plus dividends
received over a specific period
Economies of scope
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Savings that come from producing two (or more) outputs at less cost than
producing each output individually despite using the same resources and
technology
Economic value created
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Difference between value (v) and cost (c) or (v-c)
Causal ambiguity
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A situation in which the cause and effect of a phenomenon are not readily
apparent.
Business model
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a firm's pla that details how it intends to make money
resources flows
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Decreases in cost per unit as output increases
Total return on shareholders
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Return on risk capital that includes stock price appreciation plus dividends
received over a specific period
Economies of scope
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Savings that come from producing two (or more) outputs at less cost than
producing each output individually despite using the same resources and
technology
Economic value created
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Difference between value (v) and cost (c) or (v-c)
Causal ambiguity
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A situation in which the cause and effect of a phenomenon are not readily
apparent.
Business model
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a firm's pla that details how it intends to make money
resources flows
