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 ?
memorandum on technical cooperation centers set up in Russia by Japan
There is, however, widespread belief that cooperation in building collections can significantly improve the quality of library service by broadening and deepening the range of materials collectively available.
The AFL-CIO and the majority of union leaders acknowledge some of these problems but still see cooperation as the way of the future.
Marginal stakeholders are high neither on threat nor on cooperation potential.
Over the years plenty of thinkers, and mot just Marxists, have criticized America's exaggerated individualism and extolled the virtues of cooperation.
The Islamic Republic of Iran believes in a strong region and we tend to form bilateral and multilateral cooperation in the region," he told the first meeting of ministers of foreign affairs of Azerbaijan, Georgia, Turkey and Iran in Baku on Thursday.
After the Master Plan was approved by the Interterritorial Council for Development Aid last Wednesday and ratified by the plenary of the Cooperation Council, parliamentary proceedings to debate the Master Plan in the Congress of Deputies and the Senate start now.
The collocutors discussed the cooperation between GIZ and educational centers in BiH, especially with the University of Mostar, stated the BiH Presidency.
Muscat [Oman] February 12 ( ANI ): India and Oman signed eight Memorandum of Understandings (MoUs), including pacts on tourism and military cooperation.
Iran and Russia have had good cooperation, specially on a political solution in Syria and the regional unrests," Larijani said in a meeting with Chairman of Russia's State Duma (lower house) Foreign Affairs Committee Leonid Slutsky in Tehran on Wednesday.
Shanghai Cooperation Organization (SCO) have Kazakhstan, China, Kyrgyzstan, Russia, Tajikistan, Pakistan, India and Uzbekistan as its member states and its permanent Secretariat in Moscow.

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