Forming industry-wide groupings to gain critical mass in protecting domestic markets against foreign competitors is what type of strategy:
A) Collaborating with global rivals
B) Government-sponsored trade protection
C) Domestic collaboration
D) Industry cartel strategy

Question

Quizplus · Accepted Answer

Domestic collaboration involves forming alliances within an industry to strengthen the position against foreign competitors.

Forming Industry-Wide Groupings to Gain Critical Mass in Protecting Domestic