What term refers to outcomes that are greater when combining elements than when they are separate?

The term "synergies" refers to the concept where the combined effect of different elements or entities working together produces a result that is greater than the sum of their individual effects. This concept is often used in business, team dynamics, and project management, where collaboration leads to enhanced performance, innovation, or productivity. For example, two companies may merge to create synergies that allow for cost savings, shared resources, and increased market reach, leading to outcomes that exceed what each company could achieve independently. Understanding this principle is crucial for recognizing the value that can arise from strategic partnerships and collaborations in various contexts.