The Condition That Exists When Organizational Parts Interact to Produce

question 23

Multiple Choice

The condition that exists when organizational parts interact to produce a joint effect that is greater than the sum of the parts acting alone is known as:

• A) a core competence.
• B) synergy.
• C) value.
• D) a business-level strategy.
• E) competitive advantage.

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Definitions:

Negligence

A failure to exercise the care that a reasonably prudent person would exercise in similar circumstances, leading to harm or damage.

Actual Fraud

Refers to intentional deception made for personal gain or to damage another individual.

Material Fact

An important fact that if known might influence a decision maker’s decision, such as in a contract negotiation or in the dissemination of information to investors.

Mislead

To cause someone to have a wrong idea or impression about someone or something.