Coopetition

Coopetition

Assessment

Interactive Video

Business

University

Hard

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The video explains the concept of coopetition, a blend of cooperation and competition, where companies collaborate for mutual benefits while still competing in other areas. It highlights Apple and Samsung as a prime example, where Apple sources parts from its competitor Samsung, demonstrating a strategic business approach.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term used to describe the collaboration between competitors for mutual benefits?

Coopetition

Oligopoly

Monopoly

Collusion

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can businesses maintain their competitive position while engaging in coopetition?

By avoiding any form of cooperation

By reducing their market presence

By cooperating on some fronts while competing on others

By merging with their competitors

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which two companies are used as an example of coopetition in the video?

Apple and Samsung

Google and Microsoft

Apple and Google

Samsung and Microsoft

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In what way does Apple cooperate with Samsung?

By merging their phone divisions

By developing software together

By purchasing screen parts

By sharing marketing strategies

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is the relationship between Apple and Samsung considered coopetition?

Because they share all their profits

Because they have no competition between them

Because they compete in the same market but collaborate in the supply chain

Because they have merged their companies