Which of the following strategies of managing competitive resource interdependencies involves a regulatory body that allows organizations to share information and regulate the way they compete?
A) cartel
B) third-party linkage mechanism
C) joint venture
D) cooptation

Question

Quizplus · Accepted Answer

The strategy of managing competitive resource interdependencies involving a regulatory body that allows organizations to share information and regulate the way they compete is known as a third-party linkage mechanism. A cartel involves organizations agreeing to coordinate their production and pricing to limit competition, a joint venture involves two or more organizations pooling their resources to create a new entity, and cooptation involves one organization taking over another or incorporating aspects of another's operations into their own.

Which of the Following Strategies of Managing Competitive Resource Interdependencies