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Inter new vocabulary for the week
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Teambuilding

1. Collaboration is literally 'working together' toward a common goal.
It can involve two or more people or groups, and is usually more structured and coordinated than cooperation.
(There is another, negative meaning of collaboration: working together with the enemies of one's country.
For example, during World War II the Germans used local people to run the governments of countries they invaded.
Those French, Norwegian, or other people who helped the Germans against their own countrymen were called "collaborators," and were hated as traitors to their country.)
2. Cooperation is voluntarily working together more informally, perhaps offering mutual help so groups or individuals can reach related goals.
3. Coordination is organizing the work of different individuals or groups so it will all fit together and reach the planned goal.
4. A contribution is something given to a common effort. People can contribute money, products, services, or time to their community or a group or cause they believe in.
5. A team is a group of people working together on a common project, each having responsibilities and a part to contribute to the whole. Teams are especially common in sports and at work (where several people may be assigned to the same project for a long period of time.)
Teamwork is important, because if some team members aren't fully committed it limits the success of the whole group. It may even lead to loss of the game or failure of the project.
6. Networking is more informal-- meeting with others that share interests to see if mutually beneficial relationships may grow.
7. Participation means being involved in some kind of activity with other people-- whether collaborating cooperating, networking, being on a team, or coordinating the efforts of others in the group.

Businesses: Working Together (or Alone)

There are three major types of businesses in the United States from a legal viewpoint.
1. A sole proprietorship is a business owned and run by one individual (though he or she may have employees.)
2. A partnership is a business run by two or more individuals cooperatively.
3. A corporation is a business owned by a group of stockholders and run by a Board of Directors. There are legal advantages to incorporating-- the company’s losses and liabilities do not belong to the individuals involved, so there is less risk to the stockholder owners.
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