A ____ cooperative strategy helps the firm diversify in terms of products offered, markets served, or both.
A) corporate-level
B) business-level
C) national-level
D) industry-level

Question

Quizplus · Accepted Answer

Corporate-level cooperative strategies are designed to help firms diversify their products and markets. These strategies involve collaboration between two or more firms at the corporate level to achieve shared goals such as diversifying the product line or expanding into new markets. This type of strategy allows firms to leverage their strengths and resources to gain a competitive advantage in their industry.

A ____ Cooperative Strategy Helps the Firm Diversify in Terms