Publication Date: 2023/12/02
Abstract: Competitive and collaborative business models exist in business. Organizational leaders are realizing that even their best individual efforts are insufficient to address today's complex and interwoven issues and are beginning to put their interests aside and work together to create a new business infrastructure that will help them achieve their common goals. Conversely, many organizations have also been unjustly drawn into these alliances when their fundamental need remains to sharpen their competitive drive, rather than dull it through collaboration with other firms. The reality is that both Competition and Collaboration have weaknesses, this study investigates these two business models and their relevance and recommends that hybridization of the two models can help build organizational strength in today’s complex market.
Keywords: Competition; Collaboration; Business; Model; Technology.
DOI: https://doi.org/10.5281/zenodo.10250914
PDF: https://ijirst.demo4.arinfotech.co/assets/upload/files/IJISRT23NOV1658.pdf
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