Question

When a group or network of firms collaborates in a partnership fashion, the collaboration is sometimes referred to as a strategic network, virtual corporation, or extended enterprise.

a) True
b) False

Answer 1

When a group or network of firms collaborates in a partnership fashion, the collaboration is sometimes referred to as a strategic network, virtual corporation, or extended enterprise.

Step-by-step explanation:

True

When a group or network of firms collaborates in a partnership fashion, the collaboration is sometimes referred to as a strategic network, virtual corporation, or extended enterprise. This form of collaboration allows firms to work together to achieve common goals, share resources, and boost their competitive advantage in the market.