Main menu For students For teachers Explore our subjects Student events & courses

Explore

More for students
Sign in

Free Business resources

Topic Videos

Business Growth Strategy - Synergy

Level:
A-Level, IB Diploma
Board:
AQA, Edexcel, Eduqas, IB, OCR, WJEC

Last updated 22 Mar 2021

Share this content:

When businesses decide to follow an external growth strategy (e.g. through takeovers or mergers) they often use the concept of synergy to justify the approach. What do we mean by synergy in this context. This short topic video explains.

What is Synergy?
Share this content:

You might also like

External Growth | Homes Sweet Homes

5th September 2022

Revenue and Demand

Topic Videos

External Growth: Takeovers and Mergers "Concentration" Activity

Quizzes & Activities

Horizontal Integration On the Way for the Car Industry as a Major Takeover Emerges

14th February 2017

Tesco acquires Booker to become UK biggest food business

29th January 2017

Horizontal Integration on The Menu as Just East Swallows Hungry House

3rd January 2017

External Growth in the Technology Sector: Microsoft Buys LinkedIn

15th June 2016

Starbucks Failed $100m Takeover - Was It Really a Failure?

14th July 2015