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:

Clayton Act

A U.S. antitrust law, passed in 1914, aimed at promoting competition and preventing monopolies by addressing specific practices not covered by the Sherman Act.

Treble Damages

A form of punitive damages awarded in a legal case that are three times the amount of actual compensatory damages.

Civil Actions

Legal proceedings initiated by individuals or entities (aside from the state) to seek relief or damages from another party.

Sherman Act

A foundational antitrust law in the United States aimed at promoting competition and restricting monopolistic practices.