In a corporation,one important source of value is that the "whole organization" is worth more than the sum of its parts.This is called
A)team production capabilities.
B)collective cost analysis benefits.
C)complementary goods value creation.
D)substitute goods value creation.

Question

Quizplus · Accepted Answer

Team production capabilities refer to the idea that the collaboration and synergy within the organization can create a value that is greater than the total value of individual contributions. This is because the organization can leverage the skills, knowledge, and resources of its members to achieve its goals, resulting in increased productivity and competitiveness. Therefore, the correct answer is A. Collective cost analysis benefits refer to the savings that can be achieved by analyzing costs across multiple divisions or departments, while complementary goods value creation and substitute goods value creation are terms that are primarily relevant to the marketing and economics of products.

In a Corporation,one Important Source of Value Is That the "Whole