What should competitors establish when collaborating on a project that might have mutual gain?
A) Stock options
B) A new Board of Directors
C) A strategic alliance
D) Institutional investors
E) A spin-off

Question

Quizplus · Accepted Answer

Competitors collaborating on a project with mutual gain should establish a strategic alliance, as it allows them to work together towards a common goal while still maintaining their individual businesses. This is a beneficial way to share resources, knowledge, and expertise without merging or acquiring each other. Stock options, institutional investors, and a spin-off are not necessarily relevant when collaborating on a project, and a new Board of Directors would only be necessary if the collaboration results in a new company being formed.

What Should Competitors Establish When Collaborating on a Project That