The firms that work along with the focal firm to provide goods and services to consumers are viewed as
A) cultural cohorts.
B) corporate partners.
C) cartels.
D) cooperatives.
E) customers.

Question

Quizplus · Accepted Answer

Corporate partners are the firms that work along with the focal firm to provide goods and services to consumers. Cultural cohorts refer to groups of individuals who share similar values and beliefs, and may or may not be customers of the focal firm. Cartels are groups of firms that collaborate to control a market or industry, typically through price-fixing or output limitations. Cooperatives are organizations formed by individuals or firms to pool resources and achieve common goals, such as reducing costs or increasing bargaining power. Customers are individuals or organizations that purchase goods or services from the focal firm or its partners.

The Firms That Work Along with the Focal Firm to Provide