Course Solutions Uncategorized (Answered) : In your own words describe the importance of synergy to an effective strategy

(Answered) : In your own words describe the importance of synergy to an effective strategy

In your own words describe the importance of synergy to an effective strategy

Expert Answer


Synergy is defined as the cooperation or interaction of two entities to produce a combined effect that is greater than the sum of their individual effects. The success of an organisation largely depends on the synergy between its respective departments. Imagine an organisation that has people only from the Marketing background or people only from the Human Resources background. Will this organisation be ever successful? Will a marketing person in an organisation be able to perform the functions of human resources or finance or

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