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:
“The decision to have a child is both a private and a public decision, for children are our collective future.”
—Sylvia Ann Hewitt (20th century)
“In business everyone is out to grab, to fight, to win. Either you are the under or the over dog. It is up to you to be on top.”
—Alice Foote MacDougall (1867–1945)
“Psychoanalysis is an attempt to examine a person’s self-justifications. Hence it can be undertaken only with the patient’s cooperation and can succeed only when the patient has something to gain by abandoning or modifying his system of self-justification.”
—Thomas Szasz (b. 1920)