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A collective business system is an organization that represents businesses or professionals in a particular industry, field, region or that have something else in common. Such organizations include professional associations, trade associations, marketing boards, business alliances and standards organizations. Each offers services such as certifications, pooled resources or advertising designed to make its members more competitive in the marketplace.|
Type | | Definition | An association of businesses or professionals dedicated to supporting its members with services such as certifications, pooled resources or advertising. | Example | Dairy producers who pool resources to promote their product with the public. | Value | Allows businesses to tackle a common problem or promote their businesses as a collective force. | Related Techniques | |
Business Models
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