Question

What is meant by Synergic strategy​

Answer 1

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Synergy is the concept that the value and performance of two companies combined will be greater than the sum of the separate individual parts. Synergy is a term that is most commonly used in the context of mergers, acquisitions, strategic partnership, joint venture, franchise etc.

Answer 2

Strategic Synergy is used to indicate the added value of shared resources or costs by combined organizational entities. The term is often used in strategy and mergers & acquisitions to compare the combined situation with separate entities.

Explanation:

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