What Is Usually Referred to as Operating Synergy

question 36

Multiple Choice

What is usually referred to as operating synergy?

• A)economy-of-scope advantage
• B)competitive advantage
• C)economies of scale
• D)economies-of-scale benefit

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Definitions:

Mental Models

Internal representations of the external world that people use to interact with, understand, and predict their environment.

HR Competency

The knowledge, skills, and abilities that are critical for human resources professionals to effectively contribute to organizational success.

Systems Thinking

Systems thinking views change issues within the framework of the entire organization. This view helps to understand the underlying causes of problems and the potential outcomes of change initiatives.

Organizational Learning

The process by which an organization improves and innovates by reflecting on past experiences, acquiring new knowledge, and adapting to changing environments.