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(2) Synergy in terms of management and in relation to team working refers to the combined effort of individuals as participants of the team. Positive or negative synergy can exist. The condition that exists when the organization's parts interact to produce a joint effect that is greater than the sum of the parts acting alone.
synergy refers to a financial benefit that a corporation expects to realize when it merges with or acquires another corporation. This type of synergy is a nearly ubiquitous feature of a corporate acquisition and is a negotiating point between the buyer and seller that impacts the final price both parties agree to
A synergyis where different entities cooperate advantageously for a final outcome. Simply defined, it means that the effect of the whole is greater than thesum of the effects of the individual parts. Although the whole will be greater than each individual part, this is not the concept of synergy. If used in a business application it means that teamwork will produce an overall better result than if each person was working toward the same goal individually.
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How is the word synergy used in a sentence?
they used synergy to form the group
What is a synergy?
its a dog
When ever you can use the word synergy?
Synergy refers to working well together. such as.... The product created y the developement team was a big success, this is due to the apparent synergy within the team.
What rhymes with synergy?
cinergy
Did Omnicom Group purchase Colangelo Synergy Marketing of Darien Ct?
Yes,Omicom did purchase Colangelo Synergy Marketing
What perspective says the whole is greater than the sum of its parts?
It is the concept of synergy which is not really a mathematical concept.
What is one word for the concept of the sum bigger than its parts?
Synergy.
What is the definition of negative synergy?
synergy that ain't positive is termed as negative synergy...;)
What are the advantages of synergy?
financial and operating synergy
What is a sentence for synergy?
"Gung ho" and "synergy" mean the same thing: work together.
When was Synergy Health created?
Synergy Health was created in 1991.
What is Synergy Health's population?
Synergy Health's population is 4,000.
When was Tri Synergy created?
Tri Synergy was created in 1996.
When was BIG Synergy created?
BIG Synergy was created in 1989.
How is the word synergy used in a sentence?
they used synergy to form the group
What is the concept that two businesses will generate more profits together than they could separately?
One such concept is called synergy -when two or more companies combine they may be able to produce more profit than the sum of each individually
Define the concept of synergy and how it relates to management of organizations?
The concept of synergyis at the core of resource-based thinking, dating back to EdithPenrose's seminal contribution. More specifically Penrose (1959), without using the actualword though, was concerned with two forms of synergy: the possibility of sharing particu-larly managerial resources, which is brought about due to inevitable indivisibilities ofresources, and transfer of excess (and limitedly tradeable) resources. According to Porter(1987) those are the only kinds of synergy available to firms, but this paper will hopefullymake it clear that his conception is too narrow in scope.
