What is convergence? Product-line diversification? Economies of scale and scope? Why might they be of considerable importance

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What is convergence? Product-line diversification? Economies of scale and scope? Why might they be of considerable importance for banks and other financial-service firms?

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Bank Management and Financial Services

ISBN: 978-0078034671

9th edition

Authors: Peter Rose, Sylvia Hudgins

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Question Posted: Oct 31, 2014 10:50 AM

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What is convergence? Product-line diversification? Economies of scale and scope? Why might they be of considerable importance

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Convergence is the bringing together firms from different industries in order to create large conglo...View the full answer

Bank Management and Financial Services

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