Explain the rationale and logic behind organization collaboration.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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  1. Explain the rationale and logic behind organization collaboration.
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Meaning of organization collaboration

Organizational collaboration means two companies/entities/industrial or manufacturing units start working together by sharing their talent of employees and ideas and are working towards common goals and objectives and enjoy profit together and share risks also. The collaboration in this virtual world has even become easier as the two organizations may be there even in different countries also so the employees of two collaborated organizations may keep in touch with various real-time tools, virtual meetings etc.

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