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Consider the multiple definitions of collaboration.

Develop a 150- to 200-word individual response to the following: Consider the multiple definitions of collaboration. Define collaboration and how you will apply it in this course based upon the discussion with your Learning Team. Be sure to reference and cite your sources. Answer the question individually.  (QNT/275 University of Phoenix)

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Business: Collaboration

(Course Instructor)

(University Affiliation)

(Student’s Name)

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Collaboration

            The increased competition, dwindling economic fortunes and increasing demands from the consumers has altered the nature of partnerships between companies and those with its customers. The private sector relies on collaboration with the public for resources and publicity, while for-profit companies collaborate with other companies to increase their bottom lines. According to (Volkmann, Tokarski, & Ernst, 2012, p. 84) collaboration can be defined as the act of building a working relationship with others. The authors point that collaboration is an integrated process, where the parties involved create an integrated solution. (Austin, Hesselbein, & Whitehead, 2010) defines the term collaboration as a strategic alliance between firms. The concept of collaboration can be applied in different ways to create strategic advantage. For example, the concept of collaboration will be applied in building alliance with the non-profit sector in provision of social services to the community. Such collaborations will help in building product brand name, act as source of marketing…………………………………………………………………………………………………

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