A collective business system or collective business model is a business organization or association typically composed of relatively large numbers of businesses, tradespersons or professionals in the same or related fields of endeavor, which pools resources, shares information or provides other benefits for their members. In the past, collective business systems such as the trade association, the cooperative and the franchise were created to allow groups of independently owned businesses with common interests to successfully compete in the marketplace.
Read more about Collective Business System: Overview, Trade Association, Cooperative, Franchise
Famous quotes containing the words collective, business and/or system:
“One of the weaknesses in the cooperative is that it has never been sufficiently leavened by the imagination. This is a quick-silver faculty, and likely to be a cause of worry to any collective settlement.”
—Edward Dahlberg (1900–1977)
“I must create a system or be enslaved by another man’s;
I will not reason and compare: my business is to create.”
—William Blake (1757–1827)
“... the yearly expenses of the existing religious system ... exceed in these United States twenty millions of dollars. Twenty millions! For teaching what? Things unseen and causes unknown!... Twenty millions would more than suffice to make us wise; and alas! do they not more than suffice to make us foolish?”
—Frances Wright (1795–1852)