Yes.....It is very much true a statement.Even strategic management helps in pondering over and ultimately finalising, and implementing mergers decisions in order to have value creation,and to reap the benefits of Economies of Scale, Economies of Scope, and Financial Synergies in the form of tax benefits,benefits of leverage etc.
It may be, but not a primary goal , is a secondary one. Because its main goal is to create synergies between the organization and its external environment.
What enables synergy is mutual respect. It means recognizing right of others to be what they are. It enables learning from ours differences.As we learn from each other's differences synergy occurs.
Synergy : the interaction of elements that whencombined produce a total effect that is greaterthan the sum of the individual elements,contributions, etc.; synergism.
An organization must have synergies if it is divided into several business units. That is, the parts of any organization need to be correlated, because if they are completely disconnected, their business will be less likely to be leaders.