Question

Firm B, a widget maker, collaborates with Firm C, a complementor, to produce widget holders. True...

Firm B, a widget maker, collaborates with Firm C, a complementor, to produce widget holders. True False

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Answer #1

Complementors are businesses that directly sell a product (or products) or service (or services) that complement the product or service of another company by adding value to mutual customers;

The customers who is interested in buying widgets of course needs to buy a widget holder in which the widget will fit and operate. In other words, both widgets and widget holders have same customer base. Sell of widget will not happen without help of widget holder and vice versa. Therefore widgets and widget holders are complementors to each other .

Therefore, the correct answer will be “TRUE “

ANSWER : FIRM B , A WIDGET MAKER COLLABORATES WITH FIRM C , A COMPLEMENTOR, TO PRODUCE WIDGET HOLDERS : TRUE

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