CellTech, Vtech, and PhoneTech, three large electronics companies, have recently collaborated to develop an innovative new cell phone. This is an example of which managerial trend?

Question

Quizplus · Accepted Answer

This collaboration between three companies to develop a new product is an example of an interorganizational partnership, where organizations work together to achieve a common goal.

CellTech, Vtech, and PhoneTech, Three Large Electronics Companies, Have Recently