Management Question

Management Question

https://hbr.org/2021/01/the-rules-of-co-opetition <– this is the link to the article

Please read the attached article from the January 2021 issue of Harvard Business Review. Then type up a 500 word essay with an original title, introduction, and conclusion(Do not use bullet points), where you identify six examples that the authors used to illustrate the idea of  coopertition . Please, thank you.

Requirements: 500 words

 

Answer preview

In the contemporary business world, rival companies are collaborating more than ever to eliminate the potential risks and attain rewards. This process is referred to as coopetition, whereby competing firms work together to achieve a common goal. This trend has gained traction for about three decades. Coopetition offers a win-win for involved parties since they gain a competitive edge. Examples of coopetition include teaming up between Ford and GM, Apple and Samsung, and Google and Yahoo.

653 words