QuesLIUI JU 2 points Save Answer If a large, undiversified oil company used information technology in order to manage organizational coordination, it is likely trying to offset problems with Economies of scope Diseconomies of scope Economies of scale Diseconomies of scale Question 42 Given the economic impact of the virus, which of the following general strategies is most wise, all else equal? Cost leadership Differentiation Vertical integration Horizontal diversification Question 45 2 points The following is an excerpt from a recent New York Times article about the last remaining Glamour Shots studios in the country While the portrait studio besies overall remained stablecenas figures showed modest growth in the industry from the latepos until the 2008 recension-many of the 350 Glamour Shoes stores folded by the end of the 20th century, unable to escape their association with the outdated style. "It just became passt," said Bob Eveleth, the first Glamour Shots licensee and owner of nearly so stores at the company's peak. "We did one focus group in North Carolina. One of the guys was talking about giving Glamour Shots gift certificates as a joke. And I thought we kind of crossed that threshold." The remaining stores wilted in ing malls that charged steep rents. Then Apple and Samsung equipped every cellphone with a quality camers About five years ago, with 30 10 40 stores lett, a popular Groupce promotion provided a fleeting burst of new customers before technology almost completely wiped out Glamour Shots altogether. Mr. Eng. the owner of the two remaining New Jersey locations, was the go-to guy for Glamour Shots modernization in the early 2000s. He traveled all over the country, advising stores to ditch the old wardrobes, offer boudoir sessions and business headshots, take full-body photos and emphastre a more luxurious, more expensive spa experience. The average sale at his stores is around $500, compared to $100 for typical stores in the gos. The high prices are the only way for Mr. Eng to cover his $12,000-and-up monthly rent, which he said he was currently trying to s tile down Based on this reading answer the following two questions: The joke make by the focus group member suprests that Glamour Shots was dealing with a change in the Sociocultural environment Political environment Technological environment Economic environment Question 47 Why should companies avoid making transaction specific investments For diversified companies, it can interfere with internal capital markets It makes the transaction more imitable It reduces their bargaining power It exposes them to external market pressures