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:
“It is difficult to generalize why so many Latino/as moved toward conservative ... views.... for many, I believe it is basically a matter of desiring material acquisitions. It is difficult to maintain a collective ideology in a society where possessions and power-status equal self-worth.”
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