Synergy Effect Is Said to Happen When the Merged Companies

question 20

True/False

Synergy effect is said to happen when the merged companies are able to work together and eliminate some of the repeated divisional tasks, proving that the company is better off being merged.

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Definitions:

Prestige And Status

Recognition and respect received from others based on achievements, position, or quality of character, which often influences social ranking.

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale, leading to an interconnected world.

Worldwide Economic System

Refers to the global network of economic activities, trade, and financial systems that link national economies into an interdependent global economy.

Bolivian Chalalán Ecolodge

An eco-friendly lodge located in the Madidi National Park of Bolivia, known for its commitment to sustainable tourism and community involvement.