Question

Mitsubishi Heavy Industries Ltd. and other Japanese companies manufacture airplanes under license to U.S. firms and also work as subcontractors for aircraft parts and systems. This type of effort is known as:

Answer 1

Answer:

This type of effort is known as collaboration

Explanation:

Collaboration among businesses involve them working together to achieve common business goals which could be manufacturing or marketing goals.

In such instances, the businesses could combine their resource and share expenses among themselves and this helps reduce costs and increase efficiency.

Answer 2

Answer:

Collaborating.

Explanation:

Collaboration is when individuals and organisations work together to achieve a goal or business objective.

Collaboration can be synchronous- where collaboration between individuals is online real time via platforms like skpe.

It can also be asynchronous - where there is a time shift, for example uploading of Iles to shared folders for future use.

Japanese firms manufacturing airplanes under the liscence of a US company and also as subcontractors for airplane parts and systemay, is an example of collaboration where firms come together to achieve a common goal.