Asked by Claudia Piercy on Jun 24, 2024
Verified
Human imagination is the only limit to creating cost synergies through recycling.
Cost Synergies
The financial savings achieved by combining two or more entities, processes, or systems, leading to lower costs than if operated separately.
Human Imagination
The ability of the mind to be creative, innovate, and conceive of scenarios beyond current reality.
Recycling
The process of collecting, processing, and repurposing waste materials into new products to reduce consumption of raw resources and environmental impact.
- Comprehend the principles of synergy and its varieties in the context of organizational strategy.
Verified Answer
EC
Erika CardosoJun 25, 2024
Final Answer :
True
Explanation :
Recycling can lead to numerous cost synergies such as reduced waste disposal costs, decreased use of raw materials, and lower energy consumption. However, the extent of these cost synergies ultimately depends on the creativity and innovation of individuals and organizations involved in the recycling process. Therefore, human imagination is the only limit to cost synergies through recycling.
Learning Objectives
- Comprehend the principles of synergy and its varieties in the context of organizational strategy.