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.

Question

Quizplus · Accepted Answer

Synergy refers to the phenomenon where the interaction between different parts of an organization creates a joint effect that is greater than the sum of the parts acting alone. This is often the result of effective collaboration and coordination between different functional areas, leading to improved performance and outcomes. Synergy can be a key source of competitive advantage for organizations, as it allows them to achieve more than they would be able to on their own.

The Condition That Exists When Organizational Parts Interact to Produce