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Aleks [24]
3 years ago
11

The local real estate companies in a city have joined together and arranged a "Property Fair." The sponsors will equally share t

he expenses of the event. Though many companies compete against each other, they have joined together because the medium will help the companies market themselves through a dedicated forum at an extremely low cost. This arrangement is best referred to as ______
Social Studies
1 answer:
xxMikexx [17]3 years ago
8 0

Answer:Co-opetition

Explanation:

What is Co-opetition?

Coopetition occurs when two companies that are competitors come together and start to work together, now they build a competition and cooperation this is referred to as Co-opetition. This is commonly found between softwares and hardwares companies.

This can help the business expand their territory and build new business relations which will boost their sales and profit.

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