Firms may utilize the capabilities of other firms in order to overcome certain entry barriers.

Question

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By collaborating or partnering with other firms, a company may be able to access resources or expertise that are otherwise difficult or expensive to acquire. This can help the company overcome certain barriers to entry, such as lack of technology, knowledge, or access to distribution channels. By doing so, the company may be able to compete more effectively in the market.

Firms May Utilize the Capabilities of Other Firms in Order