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What Term Is Used for the Benefits That Are Gained

question 37

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What term is used for the benefits that are gained where an organisations activities or assets complement each other so the overall effect is greater than the sum of the parts?


Definitions:

GDP Accounting

A method used to calculate the gross domestic product of a country, summing up the total value of all goods and services produced over a specific time period.

Tangible Goods

Tangible goods are physical items that can be touched and seen, distinguished from services or digital products.

Intangible Services

Services that cannot be physically touched or stored, such as education, consulting, or legal advice.

Inventory

The quantity of goods that a company has in stock, ready for sale or distribution.

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