Question

A hotel uses collapsible walls to create several smaller meeting rooms from a large meeting room as needed for their customers. This is an example of ____________.

Answer 1

economies of scope.

Step-by-step explanation:

It is correct to say that the hotel uses scope savings, which is a strategy used by companies to reduce costs, whose focus is on increasing efficiency by producing the greatest amount of the same goods together.

It is correct to say that the hotel uses the economy of scope because it already uses a large meeting room, increasing efficiency by dividing it into several smaller meeting rooms to satisfy the needs of its customers.