Today, some companies are cooperating with their competitors, sharing information and technology to their mutual advantage.

Name: Today, some companies are cooperating with their competitors, sharing information and technology to their mutual advantage.
Brand: Quizplus
Rating: 4.8 (28 reviews)

Question

Quizplus · Accepted Answer

This is true, and it is known as "co-opetition." Companies may collaborate with their competitors to develop new technologies, share industry knowledge, reduce costs, or improve overall industry standards.

Today, Some Companies Are Cooperating with Their Competitors, Sharing Information