Synergy Meaning

Hello sir, what is Synergy? Can any bone provide me definition of Synergy? I want to know about Synergy? Please provide me corporate synergy?

[Pathak]

Synergy Definition:

Synergy is the creation of a whole that is greater than the simple sum of its parts. The term synergy comes from the Attic Greek word from synergos meaning "working together".

Synergistic phenomena are ubiquitous, ranging from physics to chemistry to the cooperative interactions among the genes in genomes, the division of labor in bacterial colonies, the synergies of scale in multi-cellular organisms.

Synergy also has many different kinds of synergies produced by socially-organized groups, from honeybee colonies to wolf packs and human societies: compare stigmergy, a mechanism of indirect coordination between agents or actions that results in the self-assembly of complex systems

Type of Corporate synergy:

Marketing
Revenue
Financial
Cash slack
Debt capacity
Tax benefits
Management
Cost

In the process of Synergy Mergers and acquisitions are made with the goal of improving the company's financial performance for the shareholders.

Two businesses can merge to form one company that is capable of producing more revenue than either could have been able to independently, or to create one company that is able to eliminate or streamline redundant processes, resulting in significant cost reduction