The interaction of the Production and Sales departments working together to produce profit greater than the total of both working separately is an example of synergy.
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Q12: In for-profit firms, strategic planning pertains to
Q13: The essence of formulating strategy is choosing
Q14: Strategic thinking is more important in for-profit
Q15: Strategy implementation includes the planning and decision
Q16: The strategic management process begins when executives
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Q19: "How do we compete?" is a question
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