In the Context of the Six Ss, Synergy Occurs When

question 3

Multiple Choice

In the context of the six Ss, synergy occurs when ________.

• A)managers of a company conceptualize the business and make critical human resource allocation decisions
• B)different elements of a system interact in a way that creates more value together than the elements create separately
• C)the combined business delivers the same value every time to new or existing customers as it did before diversification
• D)a company acquires unused redundant resources during an acquisition that expands slack

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Definitions:

Demand

The volume of a commodity or service that buyers intend and can afford to buy across a range of prices over a set time frame.

Price Elasticity

A measure of how much the quantity demanded of a good responds to a change in its price, influencing consumer behavior and market dynamics.

Unity

The state of being united or joined as a whole, often used to denote a sense of togetherness or harmony.

Total Revenue

The total amount of money received by a company for goods sold or services provided during a certain time period.