With the Help of Examples Explain How Firms Have Used

question 49

Essay

With the help of examples explain how firms have used the strategies of alliances and partnerships to try to strengthen and develop network effects.

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Definitions:

Coenzymes

Non-protein chemical compounds that bind to an enzyme and help it to catalyze a reaction.

Reversible Inhibitor

A substance that forms weak bonds with an enzyme, temporarily interfering with its function; a reversible inhibitor is either competitive or noncompetitive. Compare with irreversible inhibitor.

Chemical Bonds

The attraction between atoms or molecules that allows the formation of chemical compounds, can be ionic, covalent, or metallic.

Enzyme

Organic compounds that considerably accelerate nearly all chemical processes occurring inside cells.