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list three implications of competitiveness and collaboration for this global company as portrayed in the scenario, providing supporting details in the notes.

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aamirmajeed5100

Competitive and collaboration implications mainly involve:

  1. involving or determined by rivalry
  2. against commercial rivals, the quality of the product should be high and the price must be low.
  3. having to do with or being marked by a competitive urge.

The increase in corporate cooperation significantly affects competition. Contrary to popular belief, teamwork may foster rivalry. Most businesses collaborate for offensive goals rather than defensive ones. Instead of monopolizing markets and driving up prices, they want to experiment and learn. Working together with a rival can give you access to data, analytics, trends, and fresh resources that are advantageous to both parties. Together, we can find new sales prospects, encourage cross-selling, and plan marketing campaigns.

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