Corning's Ceramics is a company that produces ceramic parts.Since the company reached an agreement with a cardboard box manufacturer,it has saved about $10 million in packaging costs.Additionally,the box manufacturer has also enjoyed a three-fold rise in sales.Which of the following types of relationship do these two firms have?

Question

Quizplus · Accepted Answer

This scenario describes a strategic partnership between Corning's Ceramics and the cardboard box manufacturer. Both companies have benefited from the agreement, indicating a mutually beneficial relationship that goes beyond a simple transaction.

Corning's Ceramics Is a Company That Produces Ceramic Parts