amalgamation

Vocabulary Word

Definition

'Amalgamation' refers to the process of combining two or more things, typically organizations or companies, into one, like merging two football teams into one.

Examples in Different Contexts

In business strategy, 'amalgamation' is a tool for corporate growth and diversification. A CEO might say, 'The amalgamation of our company with a leading firm in the sector will consolidate our market position and enhance our operational capabilities.'

Practice Scenarios

Tech

Scenario:

We're looking into combining several systems, but we'll have to address compatibility issues first.

Response:

If done right, the amalgamation of these systems will significantly increase our efficiency.

Business

Scenario:

This acquisition will bring new challenges as we must merge not only our brands but also our corporate cultures.

Response:

Indeed, the amalgamation of our corporate cultures will require delicate handling to ensure smooth transition.