Which of the following is true about co-opetition? 1) the term co-opetition was coined by bill gates, the founder of software firm microsoft. 2) firms engaged in co-opetition can be described as "frienemies" - part friends and part enemies. 3) firms engaged in co-opetition compete in activities located far in the value chain from customers. 4) it views competition and cooperation as two separate and distinct processes. 5) firms engaged in co-opetition must cooperate in activities that occur close to customers.