Which of these terms is defined as the value of the combined firms being greater than the sum of the value of the two firms individually?
A) Composition
B) Synergy
C) Consolidation
D) Conglomerate

Question

Quizplus · Accepted Answer

Synergy refers to the concept where the whole is greater than the sum of its parts. In the context of business mergers or acquisitions, it means that the value and performance of two companies combined will be greater than the sum of the separate individual parts.

Which of These Terms Is Defined as the Value of the Combined