A company or an industry whose product works well with a firm's product and without which the product would lose much of its value is considered to be a(n)
A) complementor.
B) oligopoly.
C) strategic group.
D) industry leader.
E) staggered company.

Question

Quizplus · Accepted Answer

A complementor is a company or industry whose product works well with a firm's product, and without which the product would lose much of its value. This can be seen in many industries such as software and hardware or gaming consoles and games. A complementor can strengthen a firm's competitive position by adding value to their offerings.

A Company or an Industry Whose Product Works Well with a Firm's