The concept that "the whole is greater than the sum of its parts" is known as:

A. integration.
B. synergy.
C. the price earnings ratio.
D. the bargaining zone.


Answer: B

Business

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Which of the following is most commonly associated with the treasury function?

a. recording of event data b. security of funds c. reporting of results of business events d. maintaining accounting records

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Achieving successful influence does not necessarily require having ________ over the individual(s) you seek to influence.

Fill in the blank(s) with the appropriate word(s).

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Customers who perceive added value are less likely to choose a competing product simply on the basis of price

Indicate whether the statement is true or false

Business

Iceberg Storage, a leading hard drive manufacturer, recently filed for bankruptcy. While most of Iceberg's competitors were shifting away from physical data storage devices toward online cloud storage services, Iceberg invested most of its retained earnings in the effort to improve its hard drives. Once the hard-drive market drastically declined, Iceberg Storage was unable to capitalize on the new technology. Which of the following does this scenario best illustrate?

A. causal ambiguity B. path dependence C. knowledge diffusion D. social complexity

Business