Question

In: Accounting

Explain how and why companies partner with other companies to sell products.

Explain how and why companies partner with other companies to sell products. 

Solutions

Expert Solution

In today’s competitive and overspecialized market space, it is impossible to conceive that a single company can create a product from scratch and sell it to customers without the contribution of other companies. Therefore, a realistic view of company’s ability to produce and sell products to the market includes other partnering companies, which contribute to the overall creation and selling of products.


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