Vroom Company, a carmaker, partners with The Glass Company on a one-time project to develop a new type of impenetrable glass. What type of partnership is this?

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08-02-2022
Business

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Vroom Company, a carmaker, partners with The Glass Company on a one-time project to develop a new type of impenetrable glass. What type of partnership is this?

Sagot :

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Parrain Parrain · Answer 1 · 2022-02-11T06:10:01-05:00

Based on the fact that this was done for a single product, this is called a Project Partnership.

What is a project partnership?

Refers to when two or more entities get involved together to run a single project.
Often done to improve cost effectiveness and increase the chances of project success.

Vroom Company and The Glass Company are partnering together for this single project so this must be a project partnership.

In conclusion, this is project partnership.

Find out more on characteristics of partnerships at https://brainly.com/question/14471641.

Sagot :

What is a project partnership?

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