Which of the following statements best describes what Cooperization is?

1)A process by which Cooper centralizes decision-making by its top managers so that excessive spending can be identified

2)A process by which Cooper creates economies of scale and scope by pursuing rapid growth initiatives

3)A process by which Cooper standardizes capabilities across all business units and assures that high quality standards are met

4)A process by which Cooper finds synergy with existing business units and improves operational efficiency