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:

Credit Terms

The conditions under which a seller will extend credit to a buyer, including the repayment time frame and any interest charged.

Merchandise

Goods bought and sold in the normal course of business, typically referring to products available for resale to customers.

Damaged

Refers to goods or items that are impaired, reduced in value, or made less useful due to wear, tear, or harm.

Sales Revenue

The total amount of income generated from the sale of goods or services related to a company's primary operations.