An example of synergy in business is
A) Amazon's use of the Internet to sell books.
B) JP Morgan Chase's mergers with other banks that provided JP Morgan with a network of retail branches in new regions.
C) Blockbuster combining traditional video rental with online video rental.
D) Walmart's order entry and inventory management system to coordinate with suppliers.

Question

Quizplus · Accepted Answer

JP Morgan Chase's mergers with other banks allowed them to expand their network of retail branches into new regions, giving them a greater market presence and customer base. This synergy allowed JP Morgan to increase their revenue and profitability through increased access to customers and new markets.

An Example of Synergy in Business Is