Question

_____ is defined as the connection between an entrepreneur's skills, understanding of an industry, and the ability to create a competitive advantage such that the sum of the parts of the new business is greater than the individual parts alone.

Answer 1

Answer: Synergy

Explanation:

Synergy can be defined as a state in which two or more things work together in a particularly way that produces an effective result.

Synergy involves bringing so many parts together to achieve results.

Synergy refers to the achievement produced as a result of combined action or co-operation.

The results produced by synergy might be multiple of actions or skills directed to the event in a positive way.