asked 195k views
5 votes
A competitive advantage that is developed through a cooperative strategy is called a _____ or _____ advantage.

a.collaborative; relational
b.strategic; collaborative
c.relational; tactical
d.tactical; strategic

1 Answer

3 votes

Final answer:

A competitive advantage developed through a cooperative strategy is called a collaborative or relational advantage. These advantages arise in business collaborations and effective teamwork, communication and economic scaling are key to their success.

Step-by-step explanation:

A competitive advantage that is developed through a cooperative strategy is called a collaborative or relational advantage. Such advantages are key in a business ecosystem where companies work together to enhance their capabilities and performance. For example, when companies engage in intra-industry trade, they can break down the value chain and operate in locations where they have a specialized learning or economies of scale.

Building a productive and collaborative team, aligning ideas, and promoting sustainability are crucial components for this strategy. Trust, communication, and interpersonal skills are essential in forging such alliances and ensuring they are effective and contribute positively to the competitive positioning of the entities involved.

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User Big McLargeHuge
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