key types of synergies are __________.
A) supplier and distributor synergies
B) market and product synergies
C) industry-dominated and consumer-dominated
D) product and production synergies
E) consumer and market synergies

Question

Quizplus · Accepted Answer

Market and product synergies are the key types of synergies that are most commonly sought after in business. Market synergies refer to the potential benefits a company can realize by merging with or acquiring another firm that has access to a new customer base or geographic market. Product synergies refer to the potential benefits of combining two firms' product lines to create a new line of products that is more profitable than either firm's individual products. The other options may be types of synergies but they are not the most commonly sought after in business.

Key Types of Synergies Are __________