Which of the following collaborative arrangements is usually thought to offer the most opportunity for firms to access other firms' competencies?
A) Outsourcing
B) Joint venture
C) Licensing
D) Sole internal development

Question

Quizplus · Accepted Answer

Joint ventures typically involve the creation of a new entity in which each partner contributes complementary resources and expertise. This allows for the most direct and substantial access to the other firm's competencies. Outsourcing, licensing and sole internal development usually involve more limited access to the competencies of other firms.

Which of the Following Collaborative Arrangements Is Usually Thought to Offer