Professional Documents
Culture Documents
ACTIVITY 1:
Relate the following quotations to the different types of business organization.
1. Two heads are better than one
This saying means a lot. It only means that when two people work together they are more likely
to solve a problem than one person doing it alone. In business, this can be related to “partnership” where
there are two individuals with common goals and interest that share together for better or for worse.
Partnerships can also show shared lifestyle values. To achieve goal successfully, it requires complex
challenges which best solved with the help of one another. In big businesses, many companies create
partnerships to collaborate, innovate or expand their view. A partnership can double the strength of an
idea, and can bind the strength of both sets of resources. When the two different entity harmoniously
collaborate with each other this may result to a complimentary match and when two separate brands
managed effectively this could add value to the other, at the same time enhancing the growth and reach of
both.