Synergy refers to the concept where the combined effect of a group is greater than the sum of its individual parts. This principle is often observed in teamwork, where collaboration among members leads to enhanced creativity, efficiency, and problem-solving abilities. For example, in a project team, diverse skills and perspectives can lead to innovative solutions that a single person might not achieve alone. In business, synergy can occur through mergers and acquisitions, where two companies combine resources to improve performance and market reach. By leveraging each other's strengths, such as technology, expertise, or customer bases, they can create greater value and achieve goals more effectively than they could separately.