Social Entrepreneurism.

Social Entrepreneurism.

Prepare and submit a term paper on Social Entrepreneurism. Questions. Your paper should be a minimum of 1500 words in length. Cooperative strategies have become an integral part of the competitive landscape and are quite significant to many organizations. Numerous scholars have stated that partnerships are central to their firm’s success. According to Hoskin et al (2008), most firms lack the full set of resources and capabilities required to reach their objectives, which indicates that partnering with others will increase the probability of reaching them.

The cooperative strategy allows partners to create value that they could not have developed by acting independently. From a stakeholder perspective, social organizations coordinate an entire network of cooperative relationships, both inside and outside the firm. The fundamental assumption is that organizations are inclined to form partnerships with stakeholders to attain common objectives. Cooperative strategies are powerful tools for aligning stakeholder interests and can also help an organization reduce environmental uncertainty. For instance, much of an organization’s success in the automobile industry depends on the strength of its suppliers.

Just as the organization depends on the organization, the suppliers to depend on the organization (Hoskin et al, 2008). Their fortunes are closely related and, therefore, a lot of the uncertainty they face relies on the strategic and tactical actions each takes. Mutual dependence suggests that manufacturers and their suppliers should form strong partnerships in order to reduce uncertainty and enhance joint value creation. The effects of the greater use of cooperative strategies, certainly in the form of strategic alliances, are noticeable. In large organizations, for instance, alliances attribute to more than 25 percent of revenue. Get homework help.

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