As defined by the text, synergy is the concept
A) that involves adding different products or divisions to the corporation.
B) that supports divestiture of one corporation by another.
C) that two firms can generate more profits together than separately.
D) that a corporation can enter one or more businesses that are necessary to manufacture its own product.
E) that two functional areas of a corporation can coordinate their work as a team.

Question

Quizplus · Accepted Answer

Synergy refers to the idea that two or more firms working together can achieve greater success and higher profits than if they were working separately. It is based on the premise that the combined efforts of two or more firms can create more value than the sum of their individual efforts. Therefore, option C is the correct choice as it defines synergy accurately.

As Defined by the Text, Synergy Is the Concept