Welcome to the 1520 Perfect Dictionary

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Collective
COLLECTIVE

Definition: A group of people who own a business or a farm and run it together; the business that they run.
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* All nine elements should be in.

* This is on the group, not the business.


1. Purposeful and necessary.

2. Group membership is voluntary.

3. Appropriately registered as a cooperative and is therefore not expected to engage in any illegality.

4. Ownership stakes (= structure) is clearly defined. That is, percentage owned by each member is specifically known and stated.

5. Specific tasks are allocated to each member, as agreed.

6. All members perform their respective tasks efficiently and effectively.

7. Farming methods applied are not destructive to the environment.

8. Farm is well and profitably-run. And profits, produce or products, etc. are equitably shared! (To emphasize, connect to #4, #7 & #9.)

9. Arrangements achieves objective(s) as hoped for by all members.
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See perfect CAPITAL (2).

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