Answer:
Joint Venture.
Explanation:
In a joint venture, two or more firms create a legally independent company to share some of their resources and capabilities to develop a competitive advantage. They all share and pool their resources, capacities, capabilities and energies in order to combine their strengths to compete in the market with more strength and resilience which can be very difficult sometimes for the competitors to overcome with. For example, if Dell and Apple join their hands and establish a joint venture then it will be very hard for other commuter manufactures to compete with them. The basic aim and logic behind joint venture is to utilize the other company's resources and energies for the benefits of both or all of the combined companies.
