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Fundamentals of Collaborative Business
Abstract
The modern business age is about astute collaboration. This is so because the nature of competition amongst businesses has changed significantly. The core change has resulted from the advances of electronic communications. The ability of businesses to execute their business processes independent of geographical or technological boundaries has brought about an utterly different type of business eco-system. The new business model mandates the business to look around, observe its associated businesses, establish alliances with them and provide unified solutions to its customers in a way that encapsulated the underlying ‘mix’ of complexities and combinations of services and products desired by the customer. Thus, in a way, competition has transcended itself and businesses have started associating with each other at a different level, with changed scope and global standards. The discussion on collaboration in this book is to understand the way in which it is affecting businesses and what is required of the businesses in order to handle collaboration without giving up competition completely.
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