An industry segment may simultaneously play the roles of complementor and competitor.

Name: An industry segment may simultaneously play the roles of complementor and competitor.
Brand: Quizplus
Rating: 4.7 (33 reviews)

Question

Quizplus · Accepted Answer

An industry segment can be a complementor and competitor at the same time. For example, in the mobile phone industry, Apple and Samsung are both competitors and complementors as they compete against each other to gain market share but also complement each other by providing complementary apps and services.

An Industry Segment May Simultaneously Play the Roles of Complementor