C
Crazy_winner
Guest
Competitors can pool resources like marketing, research, and development through cooperation, which lowers costs and speeds up innovation.Working together with rival businesses can provide a business access to new areas that might have been challenging for it to enter on its own and might increase the size of its consumer base. Competition can assist foster innovation and efficiency by establishing industry-wide standards and best practices. Competition can be strengthened by cooperation between rival businesses, which over time will be advantageous to all businesses.
