Which of the following is an example of synergy in business?
A)Amazon's use of the Internet to sell books
B)Bank of America acquiring Countrywide Financial to reach a large pool of new customers
C)Blockbuster combining traditional video rental with online video rental
D)Walmart's order entry and inventory management system to coordinate with suppliers
E)Nike's use of technology to improve its product offerings

Question

Quizplus · Accepted Answer

Synergy refers to the combination of two or more factors to produce a result greater than the sum of their individual effects. Bank of America's acquisition of Countrywide Financial allowed it to reach a large pool of new customers and expand its business, which is an example of synergy in business. The other options do not necessarily involve synergy in the same way.

Which of the Following Is an Example of Synergy in Business