Similar Example of Cooperation and Competition
Cooperation and competition exist in the tourism industry in New Zealand. The competitive environment is a global challenge for tourism destinations. To succeed in the destination competition, the tourism industry in New Zealand, the stakeholders need to make more effort to cooperate with others for the industry to attain sustainable tourism competitiveness (Fathimath, 2015). It is also important for the stakeholders to cooperate with other organizations in areas where there is a high population of people to help reduce the wastage of resources.
How Different Organizations Cooperate
Different organizations cooperate in ways in which they avoid competition among themselves but rather supporting each other. They work together, generating a great network that brings big businesses to them. This cooperation's outcome is the great accomplishments that come with working together compared to when working alone. The cooperation of organizations helps in overcoming obstacles that can hinder their progress because other organizations can offer the stranded organization help. When organizations cooperate, they can reach out to many people in the society because they form a team by working together, and they can also access funds easily from the bigger organizations once they portray unity and cooperation.
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True/False
True. This happens if the joint venture is having partners whose products and services are of the same caliber with what you are offering. It is important to choose partners wisely (Tripathy, 2018).
True. The marketing alliance allows firms to join a new market using the available resources and an organization's expertise that has already ventured the market (Brueckner & Flores-Fillol, 2020).
True. This is because the macro business perspective tends to negatively affect the business as it brings complexity and competition and other organizations refrain from working with organizations that tend to bring competition in their field (Patttanayak, 2020).
References
Brueckner, J. K., & Flores-Fillol, R. (2020). Market structure and quality determination for complimentary products: Alliances and service quality in the airline industry. International Journal of Industrial Organization , 68 , 102557.
Fathimath, A. (2015). The role of stakeholder collaboration in sustainable tourism competitiveness: The case of Auckland, New Zealand (Doctoral dissertation, Auckland University of Technology).
Pattanayak, B. (2020). Human resource management . PHI Learning Pvt. Ltd..
Tripathy, M. (2018). Assertiveness–A Win-Win Approach to Business Communication. IUP Journal of Soft Skills , 12 (2), 48-56.
