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) Wal-Mart's order entry and inventory management system to coordinate with suppliers.

Question

Quizplus · Accepted Answer

Synergy in business refers to the concept where the combined value and performance of two companies will be greater than the sum of the separate individual parts. JP Morgan Chase's mergers with other banks to expand its network of retail branches exemplifies synergy, as the merger creates additional value and opportunities that were not available to the companies individually.

An Example of Synergy in Business Is