Which of the following terms refers to a strategy that manages symbiotic interdependencies by neutralizing problematic forces in the specific environment?
A) joint venture
B) strategic alliance
C) cooptation
D) franchising

Question

Quizplus · Accepted Answer

Cooptation refers to a strategy in which a company manages symbiotic interdependencies by neutralizing problematic forces in the specific environment. This can involve bringing potential adversaries into the decision-making process or offering incentives for their cooperation. Joint venture, strategic alliance, and franchising all involve different types of partnerships or collaborations, but they do not necessarily involve managing problematic forces in the environment.

Which of the Following Terms Refers to a Strategy That