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Synergy |
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Synergy Describes a combination whose value is greater than the sum of the separate individual parts.
Synergy The financial benefit (or, more rarely, detriment) two companies may derive from a merger or acquisition. For example, two companies that merge may be able to produce more revenue than either one could produce independently by combining the most efficient processes each brings to the merger. Synergy may also refer to the cost reduction a merger brings about by eliminating or streamlining redundant processes. Synergy usually has a positive connotation, but one also occasionally hears of negative synergy, such as when the management teams of newly merged corporations do not work well with each other. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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