Synergy Occurs When the Combination of Two Organizations Results in Higher

question 26

True/False

Synergy occurs when the combination of two organizations results in higher effectiveness and efficiency than would otherwise be generated by them separately.

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Definitions:

Freezing

In the context of project management, it refers to the process of locking in the scope and specifications of a project to prevent changes.

Production System

A system that encompasses all activities, resources, and processes involved in the production of goods or services.

Toyota Production System

A highly efficient and integrated approach to production and manufacturing, emphasizing waste reduction, continuous improvement, and customer focus.

Built-in

Embedded or integrated directly into something, not separate or removable.