Almost all firms partner with others to make their business models work.

Question

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It is highly likely that firms partner with others to create a network of suppliers, distributors, technology providers, and other stakeholders to create value and meet their business objectives. Partnerships help firms achieve economies of scale, expand their reach and capabilities, pool resources and expertise, reduce risks and costs, and so on. Thus, partnerships are an integral part of modern business models and strategies.

Almost All Firms Partner with Others to Make Their Business