Synergy Is Defined as

question 40

Multiple Choice

Synergy is defined as

• A)the tendency of a closed system to lose its ability to control itself and thus to dissolve and disintegrate.
• B)a system that is self-contained and thus not affected by changes occurring in its external environment.
• C)the performance gains that result when individuals and departments work together.
• D)the set of forces and conditions that operate beyond an organization's boundaries.
• E)an approach to management that uses rigorous quantitative techniques.

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Definitions:

Standard Deviation

An indicator of the degree to which a dataset's values vary or are spread, showing the distance of the values from the average.

Probability

The measure or quantification of how likely an event is to occur, expressed as a number between 0 (impossible) and 1 (certain).

NORM.DIST

A function in statistics that returns the normal distribution for a specified mean and standard deviation.

Standard Error

The standard deviation of the sampling distribution of a statistic, often used to estimate the precision of a sample mean.