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Find concept of economies of scope

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Reference no: EM132677768

On Sept 15, 2020, Apple launched "Apple One" that bundles 6 Apple services into a single subscription package (Apple TV+, Apple Music, Apple Arcade, iCloud, Apple News+, Apple Fitness+).

1) Please indicate what type of diversification Apple One is, and provide an explanation.

2) Use the concept of economies of scope to discuss how this initiative can contribute to Apple's overall performance.

Reference no: EM132677768

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