_____ is created when a firm generates sustainable cost savings by combining duplicate activities or deploying underutilized assets across multiple businesses.
A) Value
B) Strategy
C) Synergy
D) Market power

Question

Quizplus · Accepted Answer

Synergy is the term used to describe the concept of creating value by combining duplicate activities or deploying underutilized assets across multiple businesses to generate sustainable cost savings. This can result in improved efficiency and higher profitability for the firm. Options A and B refer to broad concepts that may be related to creating synergy, but they do not accurately describe the specific process of generating cost savings through activity duplication and asset utilization. Option D is not directly related to the concept of synergy.

_____ Is Created When a Firm Generates Sustainable Cost Savings