A firm can spend no money and time, yet expect to enhance its offerings, by:
A) allowing other firms to contribute to its platform.
B) going public through an initial public stock offering.
C) outsourcing critical processes to third parties.
D) adopting an envelopment strategy.
E) preannouncing a forthcoming product to lower sales of current offerings.

Question

Quizplus · Accepted Answer

Allowing other firms to contribute to its platform can enhance a firm's offerings without requiring additional investment in money or time from the firm itself. This approach leverages external resources and innovation.

A Firm Can Spend No Money and Time, Yet Expect