cooperation


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cooperation

  1. the process whereby businesses seek to coordinate their pricing and output policies rather than compete with one another in order to secure higher profits. See OLIGOPOLY, COLLUSION, CARTEL.
  2. the process whereby individuals coordinate their work in GROUPS.

cooperation

  1. 1the process whereby FIRMS seek to coordinate their pricing and output policies rather than compete with one another in order to achieve JOINT-PROFIT MAXIMIZATION. See MUTUAL INTERDEPENDENCE, OLIGOPOLY.
  2. the process whereby individuals coordinate their work in TEAMS.
References in periodicals archive ?
The Thompson Memorandum has generated controversy since its release because, among other things, it identifies as considerations in assessing the "authenticity" of cooperation the entity's willingness to reject previously standard corporate practices.
By 1910, Southern Baptists had gone far toward developing a theology, an ethic, a method, and a polity for undertaking denomination-wide stewardship, all on the basis of congregational autonomy, voluntarism, the priesthood of all believers, and cooperation among all the workers, including clergy and laity, congregations, associations, mission boards, auxiliary fund-raising organizations, state conventions, and the Southern Baptist Convention.
Now, more than any time in recent history, Air Force security cooperation activities are at the center of our nation's security strategy.
These personal encounters, when experienced by an increasing number of individuals, are what make possible subsequent institutional changes in terms of theology, politics, and social cooperation on the ground.
After nearly six years of standstill, Turkey and Iran decided on January 27-29, 1985, to revive the Regional Cooperation and Development (RCD) organization and rename it the Economic Cooperation Organization (ECO).
SECRETORS AND CHEATERS Evolutionary theorists have held for more than 40 years that close genetic relations inspire cooperation. In a process known as kin selection, individuals help their relatives, who then spread copies of genes that the helpers also possess.
Wang Yi said that the three countries should grasp the direction of cooperation and promote the development of China-Japan-ROK cooperation along the correct track, so that the cooperation between the three countries will become the cornerstone of Northeast Asia's prosperity and stability, the support of the construction of the East Asian Community, and the engine of world economic development.
Attending a bilateral energy business forum together, Chinese President Xi Jinping and his Russian counterpart Vladimir Putin vowed to provide policy support for such cooperation.
First, reviewing and summarizing the progress and significance of Belt and Road cooperation. Belt and Road cooperation has created opportunities for common prosperity.
He made these remarks while speaking at the opening ceremony of the SCO Qingdao Forum on Local Economic and Trade Cooperation opened in Jiaozhou, a county-level city under Qingdao of East China's Shandong province, China.org.com report on Sunday.
Forth, achieving fruitful outcomes on results-oriented cooperation. The BRI cooperation is result-oriented instead of becoming a talk show.
3.Recalling the Joint Communique of the Leaders' Roundtable of the 1st Belt and Road Forum for International Cooperation, including the cooperation objectives, principles and measures contained therein, and reaffirming our commitment to the UN 2030 Agenda for Sustainable Development, we reiterate that promoting peace, development and human rights, mutually-beneficial cooperation, and honoring the purposes and principles of the UN Charter and international law are our common responsibilities; achieving strong, sustainable, balanced and inclusive growth and improving people's quality of life are our common goals; creating a prosperous and peaceful world with shared future is our common aspiration.

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