An example of synergy in business is
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 in business refers to the idea that the combined value and performance of two companies will be greater than the sum of the separate individual parts. Bank of America's acquisition of Countrywide Financial is an example of synergy as it allowed the bank to expand its customer base and leverage Countrywide's resources and expertise.

An Example of Synergy in Business Is