Explain what is meant by the term 'synergy' in relation to corporate strategy.

Name: Explain what is meant by the term 'synergy' in relation to corporate strategy.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The Answer is Synergy can be expressed by the sum 2+2=5
In corporate terms, it means that more value can be created for the corporation as a whole if one or more activity (or competence) is shared across one or more businesses

Explain What Is Meant by the Term 'Synergy' in Relation