In: Operations Management
PLEASE ANSWER
- Outline the case for a partnership strategy for a software company explain the benefits of your approach versus an alternative strategy and identify what is the alternative.
- list the strategies of choosing a partnership for a software company
STRATEGIES FOR CHOOSING A PARTNER BY SOFTWARE COMPANY:
BENEFITS OF PARTNERSHIP TO COMPANIES AND ALTERNATIVES:
IT HELPS TO REDUCE THE GAP BETWEEN THE KNOWLEDGE AND EXPERTISE OF TWO COMPANIES. THIS FURTHER HELPS TO REDUCE THE COSTS. MORE INVESTMENTS ARE INVITED WHICH HELPS IN THE SMOOTH WORKING. MORE GROWTH OPPORTUNITIES ARE THERE WHEN PARTNERSHIP YIELDS PROFITS. ALTERNATIVES TO PARTNERSHIP CAN BE HIRING THE EXPERT WORKERS, OUTSOURCING, FRANCHISING ETC.