Asked by Fabiha Tahsin on Jul 25, 2024
Verified
What is achieved when members of a management team having complementary rather than identical skills resulting in increased productivity?
A) Shortsightedness
B) Management synergy
C) Cost synergy
D) Duplication
E) Strategic acceleration
Complementary Skills
Refers to the combination of different abilities, skills, and expertise that team members bring together to achieve common goals effectively and efficiently.
Increased Productivity
An improvement in the efficiency of production, resulting in the ability to produce more output with the same amount of input.
- Comprehend the notion of synergy and its various classifications in the business sector.
Verified Answer
NG
Nardia GreenwoodJul 26, 2024
Final Answer :
B
Explanation :
When members of a management team have complementary skills, they can collaborate more effectively, bring unique perspectives to problem-solving, and fill gaps in each other's abilities. This can result in a more efficient and productive management team, known as management synergy.
Learning Objectives
- Comprehend the notion of synergy and its various classifications in the business sector.
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