A cooperative strategy in which multiple firms agree to form partnerships to achieve shared objectives is a:
A) cross-border franchise.
B) network cooperative strategy.
C) competition reducing strategy.
D) complementary strategic alliance.

Question

Quizplus · Accepted Answer

The description provided fits the definition of a network cooperative strategy, which involves multiple firms forming partnerships to achieve shared objectives. The other choices are not accurate descriptions of this type of strategy.

A Cooperative Strategy in Which Multiple Firms Agree to Form