A strategy where companies cooperate and compete at the same time with companies in its value net:
A) Co-opetition
B) Teamwork
C) Classwork
D) Strategic Alliance
E) Risk

Question

Quizplus · Accepted Answer

Co-opetition is the strategy where companies collaborate and compete simultaneously. This approach allows companies in the same industry to work together for mutual benefit while still competing with each other to maintain their individual competitive advantage. It allows companies to share resources, knowledge, and expertise while still maintaining their unique position in the market. This strategy is useful when companies need to address complex challenges that they cannot solve individually.

A Strategy Where Companies Cooperate and Compete at the Same